For many first-time homebuyers, the excitement of purchasing a home is often overshadowed by one major challenge: saving for the down payment.

In fact, research shows that 31% of first-time buyers say the down payment is the hardest part of the entire homebuying process. If that sounds familiar, you’re not alone — and more importantly, you’re not out of options.

The Little-Known Help That Could Change Everything

What many buyers don’t realize is that there are 2,624 down payment assistance programs currently available across the country. These programs are designed specifically to help qualified buyers overcome the biggest financial hurdle to homeownership.

Even better?
Qualified buyers receive an average benefit of $17,000 that can be used toward their home purchase.

That’s real money — and in many cases, it can mean:

• Buying a home sooner

• Reducing out-of-pocket costs

• Preserving savings for emergencies or future expenses

Who Qualifies for Down Payment Assistance?

Down payment assistance programs aren’t just for low-income buyers. Many programs are available to:

• First-time buyers

• Moderate-income households

• Buyers purchasing in certain areas

• Professionals such as teachers, healthcare workers, or first responders

Eligibility varies by program, which is why working with the right lender is key.

Take the Next Step Toward Homeownership

If saving for a down payment is the one thing holding you back, down payment assistance could be the solution you didn’t know you had.

The best way to find out what you qualify for is to speak with a trusted lender who can walk you through available programs and guide you through your options.

You may be closer to homeownership than you think.

👉 Reach out today to explore what assistance programs are available to you.