Loan Products
DSHA’s Homeownership Loan Program provides affordable financing to low and moderate income Delawareans.
Our current rates are:
| Program Options | GNMA | FHLMC | HOMES FOR GRADS GNMA | HOMES FOR GRADS FHLMC |
|---|---|---|---|---|
| Base Loan Rate No DPA | 2.750% | 3.250% | ||
| Preferred Plus 2% | 3.375% | 3.625% | Not available | Not available |
| Preferred Plus 3% | 3.750% | 4.000% | Not available | Not available |
| Preferred Plus 4% | 3.875% | 4.125% | Not available | Not available |
| Preferred Plus 5% | 4.625% | 4.625% | Not available | Not available |
| FHA 203k Unassisted | 3.000% | Not available | Not available | Not available |
| FHA 203k 5% | 4.250% | Not available | Not available | Not available |
* Rates subject to change.
All first mortgage products are available with downpayment and closing cost assistance if needed by using our Preferred Plus program. Available loan products include:
- FHA, VA and USDA 30 year fixed-rate loans.
- Conventional 30-year fixed-rate loans.
Contact a participating lender to begin the application process.