TRADITIONAL DOWN PAYMENT ASSISTANCE provides a wide variety of eligible borrowers with down payment assistance in the form of a grant equal to 2% and 3.5% of the purchase price on eligible FHA home purchases.

• Down Payment Assistance is in the form of a grant, equal to either 2% or 3.5% of the purchase price.
• No Repayment Required
• No need for a second lien on the property
• Can be used with the FHA 203(b) program or many FHA renovation programs
• Seller concessions up to 6% can be applied to all borrower paid closing costs.