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Down Payment Assistance Programs You Need to Know About.

Jan 29, 2024
1 min read

Are you a prospective homebuyer eager to step into homeownership but finding the down payment hurdle a bit daunting? Fret not! In today's real estate landscape, numerous programs are designed to offer down payment assistance, ensuring that your dream of owning a home becomes a reality.





Down Payment Assistance

Securing a down payment is often one of the biggest challenges for homebuyers. However, various down payment assistance programs offer financial support to bridge the gap between your savings and the amount required for a down payment.

If you're having trouble finding a friend or relative to assist you, don't despair! Many local and national programs are tailored to aid homebuyers in need. These programs vary in eligibility criteria, so exploring options in your specific area is crucial.


100% Financing: A Game-Changer

In addition to down payment assistance, explore 100% financing options. These innovative solutions eliminate the need for a traditional down payment, allowing you to secure your dream home without the initial financial burden.

Zero-down mortgage programs have become increasingly popular, providing flexibility for homebuyers who may not have substantial savings for a down payment.


Remember, the journey to homeownership is a process, and there are resources available to help you every step of the way. With down payment assistance programs and 100% financing options at your disposal, your dream home may be closer than you think. Don't let financial barriers hold you back – start your homeownership journey today with New Priority Lending!



 
 
 

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New Priority Lending Corp. helps homebuyers, homeowners, and real estate investors explore financing options with clear, personalized guidance. Based in McLean, Virginia, we serve residential clients in VA, MD, DC, WV, FL & TX, while select investment financing programs are available across much of the U.S.

​Our people-first approach, culture of excellence, and innovative solutions help clients move forward with confidence toward their financial and real estate goals.

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New Priority Lending Corp. (NMLS ID. # 2289788) 7428 Colshire Dr #2 McLean VA22102 is an equal housing lender. This is not a commitment to lend or extend credit. Programs, rates, terms, and conditions are subject to change without notice. Terms and conditions apply. All rights reserved. Contact us for details. Consult your accountant about tax deductions. www.newprioritylending.com - Consumer Access (www.nmlsconsumeraccess.org) ​

*A pre-approval does not signify that all underwriting requirements have been met. Actual terms, including interest rate, are subject to change without prior notice and may vary based on eligibility criteria. All products are subject to credit and property approval. Not all products are available in all states or for all dollar amounts. Please contact New Priority Lending Corp. for additional details.​

By refinancing an existing loan, the total finance charges may be higher over the life of the loan.​

The rate on your existing mortgage will not change. The New Priority Lending Corp. Home Equity Loan program requires borrower to obtain a second mortgage at current market rates. Loan amount based on underwriting guidelines. Minimum and maximum loan amounts apply. Program financing only available on properties with one existing mortgage lien and subject to maximum loan-to-value ratio. Not available in all states or territories. Other terms and restrictions apply. Please contact us for more information.

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