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% |
** 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:
Contact a participating lender to begin the application process.