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 | 6.125% | 6.750% | ||
| Preferred Plus 2% | N/A | N/A | Not available | Not available |
| Preferred Plus 3% | 6.250% | 6.875% | Not available | Not available |
| Preferred Plus 4% | 7.250% | N/A | Not available | Not available |
| Preferred Plus 5% | N/A | N/A | Not available | Not available |
| FHA 203k Unassisted | 6.500% | Not available | Not available | Not available |
| FHA 203k 5% | Not available | 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.