Loan Products
DSHA’s Homeownership Loan Program provides affordable financing to low and moderate income Delawareans.
Our current rates are:
| Program Options | GNMA | FNMA | HOMES FOR GRADS GNMA | HOMES FOR GRADS FNMA |
|---|---|---|---|---|
| Base Loan Rate | 3.500% | 4.000% | ||
| Preferred Plus 2% | 4.000% | 4.750% | 3.500% | 4.250% |
| Preferred Plus 3% | 4.500% | 4.875% | 4.000% | 4.375% |
| Preferred Plus 4% | 4.750% | 5.000% | 4.250% | 4.500% |
| Preferred Plus 5% | 5.000% | 5.250% | 4.500% | 4.750% |
| FNMA >80% LTV with No MI | 4.750% | |||
| FNMA >80% LTV with No MI with DPA | 5.625% |
* 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.