SmartBuy Suite of Down Payment Assistance (DPA)
Products offer viable options for homebuyers trying to navigate higher interest rates and declining affordability to purchase the home of their dreams.
- DPA funds meet FHA and USDA requirements for 1st lien
- No income or first-time homebuyer restrictions
- Program is available nationwide
- Temporary interest rate buydowns allowed
- Repayable 10 year option can have 10, 20 or 30 year amortization
- Forgivable 5 year option has ZERO interest and NO payments