At Mission San Jose Mortgage, we understand the importance of down payment assistance and grant programs in helping individuals and families achieve their dreams of homeownership. We work closely with state agencies in each of the 12 states we serve to provide access to these programs and support our clients in making their homeownership dreams a successful reality.
Here’s an overview of the down payment assistance and grant programs available in the states we serve:
Arizona:
- Arizona Department of Housing (ADOH): Offers various down payment assistance programs, such as the Home Plus program, providing a grant for down payment and closing costs.
California:
- California Housing Finance Agency (CalHFA): Provides down payment assistance programs, including the MyHome Assistance Program, which offers deferred-payment loans and the School Teacher and Employee Assistance Program.
Colorado:
- Colorado Housing and Finance Authority (CHFA): Offers down payment assistance programs like the CHFA FirstStep and CHFA SmartStep programs, providing second mortgage loans for down payment and closing costs.
Florida:
- Florida Housing Finance Corporation (Florida Housing): Provides down payment assistance programs, such as the Florida Assist program, offering a second mortgage loan for down payment and closing costs.
Georgia:
- Georgia Department of Community Affairs (DCA): Offers down payment assistance programs like the Georgia Dream Homeownership Program, providing financial assistance for down payment and closing costs.
Idaho:
- Idaho Housing and Finance Association (IHFA): Provides down payment assistance programs, including the Good Credit Rewards program, offering a cash bonus for down payment and closing costs.
Montana:
- Montana Board of Housing (MBOH): Offers down payment assistance programs like the Score Advantage Down Payment Assistance program, providing grants for down payment and closing costs.
New Mexico:
- New Mexico Mortgage Finance Authority (MFA): Provides down payment assistance programs, such as the FirstHome program, offering second mortgage loans for down payment and closing costs.
Oregon:
- Oregon Housing and Community Services (OHCS): Offers down payment assistance programs, including the Oregon Bond Residential Loan Program, providing below-market interest rates and cash assistance for down payment and closing costs.
Texas:
- Texas State Affordable Housing Corporation (TSAHC): Provides down payment assistance programs, such as the Homes for Texas Heroes and Home Sweet Texas programs, offering grants and low-interest loans for down payment and closing costs.
Washington:
- Washington State Housing Finance Commission (WSHFC): Offers down payment assistance programs like the Home Advantage program, providing second mortgage loans and grants for down payment and closing costs.
Wyoming:
- Wyoming Community Development Authority (WCDA): Provides down payment assistance programs, including the Home$tretch Down Payment Assistance program, offering grants for down payment and closing costs.
Chenoa Fund Down Payment Assistance Programs: The Chenoa Fund offers various down payment assistance programs that can be combined with FHA loans, conventional loans, and other loan types. These programs provide grants and second mortgage loans to help cover down payment and closing costs, making homeownership more affordable and accessible.
Our experienced loan officers are well-informed about these state agency programs and can guide you through the eligibility requirements and application process. We are committed to helping you navigate the available options and secure the down payment assistance or grant program that aligns with your financial goals and circumstances.
Contact us at 888-848-7199 to speak with one of our knowledgeable loan officers and explore the down payment assistance and grant programs available in your state. We are here to assist you in making your homeownership dreams a successful reality.
