Down Payment Assistance | New American Funding

Down Payment Assistance Articles

Guides
June 10, 2024

FHA Down Payment Assistance: Your Guide to Homeownership

Down payment assistance programs (DPAs) are tools to help buyers afford homeownership. First-time and lower-income buyers who are struggling to come up with the minimum down payment needed to qualify for a mortgage can use these programs to help bridge the gap.

Guides
January 29, 2024

Down Payment Assistance Programs: The Underused Solution to one of the Most Common Barriers of Homeownership

DPA is offered by various organizations, including government agencies, non-profits, and sometimes private companies. The assistance can come in the form of a grant, a forgivable loan, or a low-interest loan.