Down Payment Assistance Program | Bay Equity Home Loans

Down Payment Assistance Programs


If you can’t do it alone, have a little help from your friends.

What is mortgage down payment assistance?


With so many expenses involved with buying your first home, down payments can be hard to come by. Luckily, there are a few very helpful down payment assistance programs for eligible homebuyers who need a financial nudge over the hill.

What are the benefits of down payment assistance?


We always recommend a down payment of anywhere between 5-20%. But that’s a lot of money. So it’s not uncommon for people to use down payment assistance programs for homebuyers because they can help you purchase a home, even if it’s slightly out of reach.

How do I qualify for a fixed-rate mortgage?


Down payment assistance grants vary from state to state, which means the requirements can also change.