The average American is struggling to save enough money to meet their monthly needs, let alone a down payment for a house. Down payment assistance programs can change that for some borrowers.

Saving for a down payment is one of the biggest obstacles to homeownership in the United States, even for buyers who can afford monthly mortgage payments. Having to gather thousands of dollars upfront ...

Homebuyer assistance programs aren’t just growing, they’re becoming more flexible, with higher income caps, more options for repeat buyers, and broader support for manufactured and multifamily homes.

Some programs (11%) have no income limits, and many programs define a first-time buyer as someone who hasn't owned a home in the previous three years. Some programs require buyers to use approved ...

Lenders can use DPA programs as a proactive purchase strategy to serve more buyers — and compete better in a challenging market Put politicians and politics aside. Down payment assistance (DPA) is ...

Down Payment Resource (DPR) on Tuesday released its Q2 2025 Homeownership Program Index report. It found that 45 new down payment assistance programs launched in the second quarter, bringing the total ...

Add Yahoo as a preferred source to see more of our stories on Google. With mortgage rates still about 6% and housing prices near record highs, buying a first home might seem impossible for many, but a ...

The number of down-payment assistance programs is on the rise as housing costs remain high There's been an increase in the number of down-payment assistance programs across the country. Many now allow ...

Lenders, take note. June is National Homeownership Month, and if you’re still treating down payment assistance (DPA) like some fringe program, you’re about to get left behind. The housing market isn’t ...

SANTA ROSA, Calif.--(BUSINESS WIRE)--For one Novato family of four, the start of a new year marks a milestone they once thought impossible—celebrating in a home of their own. With two children, ages ...