Down Payment Assistance
What is Down Payment Assistance?
Down payment assistance occurs when a portion of the down payment is provided through another source, such as a government or private entity. Saving for a down payment is often one of the most significant barriers to home ownership, meaning that a DPA program like this one can be useful for borrowers seeking a more affordable lending solution when getting an home loan.
We understand that buying a home is a big purchase, and sometimes a little help goes a long way. Some individuals, couples, or families may not have the funding necessary for a customary down payment when the perfect home comes along — even if they qualify for a home loan in every other respect. For some, keeping out of pocket costs to a minimum could mean the difference between buying now and waiting several years to become homeowners.
Enjoy a great lending experience when you have a devoted Premier Lending Group loan expert help you understand the best options to meet your needs.
Benefits of Down Payment Assistance
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