Are you thinking of buying your first home in Delaware?
Would you like a free gift of money or assistance to help you purchase that first home?
If you answered YES to these questions, there is great news for you. The state of Delaware provides down payment assistance money for its residents who are first time home buyers and need help with the down payment and closing costs. This money comes in the form of state grants. This is free money that shouldn’t be passed up! The grant awards can be in the thousands of dollars. It will be well worth your time to educate yourself about the first time home buyer programs the State of Delaware provides.
The Delaware State Housing Authority is the agency providing assistance for first time homebuyers.
Down Payment Assistance (DPS) Program
To enable low and moderate income households to purchase their first homes by providing loans to aid in covering the cost of down payment and/or settlement charges.
Second Mortgage Assistance Loan (SMAL) Program
This loan provides downpayment and closing cost assistance up to $10,000
Ask us about county and city down payment assistance programs to assist you in your home purchase.
If you have further questions, please call us at 302-266-9500 or simple fill out the form to the right to submit any questions.