Delaware State Housing Authority Delaware State Housing Authority
  • Buying A Home
    • Buying Your New Home
    • How We Can Help
    • What Can I Afford?
    • Helpful Resources
    • Frequently Asked Questions
    • Glossary of Terms
  • Loan Products
  • Lenders
  • Housing Counselors
  • Realtors
  • Events
  • Who We Are
  • Contact

Loan Products

DSHA’s Homeownership Loan Program provides affordable financing to low and moderate income Delawareans.

Our current rates are:

Product
Rates
FHA, VA, RD, Smart Start*
7.625%
FHA, VA, RD, Delaware Diamonds**
N/A
FHA, VA, RD, Home Sweet Home***
N/A
FHA, VA, RD, First State Home Loan****
8.500%
Freddie Mac, Smart Start*7.875%
Freddie Mac, Delaware Diamonds**N/A
Freddie Mac, Home Sweet Home***N/A
Freddie Mac, First State Home Loan****8.625%

* Provides homebuyers with interest rate at or below market. Note on Freddie Mac DSHA does not have any LLPA’s.

** Applicants will be provided $15,000 of DPA, applicants(s) must meet the qualifications of the HEROs down payment program.

*** Applicants will be provided $12,000 of DPA, applicants(s) must meet the qualifications of the (sales prices) down payment program.

**** Applicants will be provided 4% of their Loan Amount , applicants(s) must meet the qualifications of the First State Home Loan Program.

All first mortgage products are available with down payment and closing cost assistance, if needed. Available loan products include:

  1. FHA, VA and USDA 30 year fixed-rate loans.
  2. Conventional 30-year fixed-rate loans.

Contact a participating lender to begin the application process.

Lenders

Delaware State Housing Authority

18 The Green
Dover, DE 19901
(302) 739-4263
Toll Free: 888-363-8808

© 2023 DSHA
  • Privacy Policy
Website by Metropolis