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Conventional DPA Grant – Own with Less Down
Lower Your Down Payment and Keep More Cash in Your Pocket
Our Conventional DPA Grant program makes it easier to purchase your home with reduced upfront costs. With credit scores starting at 620, this program is available for 1–4 unit primary residences and welcomes both first-time and repeat buyers. You can qualify under HomeReady or Home Possible guidelines, and even manufactured housing is allowed.
FAQs
What’s the minimum credit score?
620 FICO.
Do I have to be a first-time homebuyer?
No — repeat buyers are welcome.
What types of homes are eligible?
1–4 unit primary residences, including those eligible under HomeReady and Home Possible guidelines.
Is manufactured housing allowed?
Yes, manufactured and modular homes may qualify.
Why This Program Works for Conventional Buyers
Saving for a down payment can be one of the biggest hurdles to homeownership. This program helps lower that barrier while offering the stability and competitive terms of a conventional loan. With the added benefit of flexible property options and no first-time buyer requirement, it’s ideal for a wide range of borrowers.
A Smart Way to Step Into Your New Home
Whether you’re upgrading, downsizing, or buying your first place, the Conventional DPA Grant provides the financial boost you need to get into a home sooner without draining your savings. The combination of lower upfront costs and flexible guidelines means you can keep more of your cash for moving expenses, renovations, or an emergency fund.