Down payment assistance
Your down payment might already be covered.
Our programs put up to 5% of the purchase price toward your purchase, including grant options up to 3.5% with nothing to repay. The savings account is optional.
Run your numbers
What could that cover on your home?
- As a grantYours for good after 6 months of payments
- up to $10,500
- Total assistanceCombining grant and second-loan options
- up to $15,000
Illustration at current program maximums, not an offer or approval. Actual assistance depends on the program, loan type, and eligibility.
Three ways the help shows up.
Same goal, different fine print. The right one depends on how long you plan to keep the home.
up to 3.5%
of the purchase price
The grant
Enough to cover the standard FHA down payment entirely. No second lien, nothing to repay.
- Yours for good after six months of payments
- No lien sitting on your home
- Sell or refinance later, penalty free
up to 3.5%
of the purchase price
The forgivable second
No payment on the assistance. Stay in the home, pay on time, and it gets forgiven.
- 0% interest and no monthly payment
- Forgiven after 3 to 5 years of on-time payments
- Built for long-term homes
up to 5%
of the purchase price
The repayable second
The biggest dollar amounts, repaid in a modest fixed monthly payment alongside your mortgage.
- Max cash for the closing table
- Covers the down payment with room for closing costs
- Fixed payment, no surprises
How we choose
One question picks your lane: any realistic chance you move inside five years?
Even a maybe? The grant.
Nothing to repay and no lien on your home, so a change of plans never costs you the assistance.
A confident no? The forgivable second.
Stay put and pay on time, and the assistance gets forgiven instead of following you to a closing table years from now.
Not sure? We lean toward the grant. Guessing wrong on a grant costs a little each month. Guessing wrong on a forgivable second can mean repaying the whole thing.
From renter to keys, in order.
- 1
Tell us your scenario
Two minutes online. No credit pull, no documents yet.
- 2
See your real numbers
We match you to the right program and show you the math side by side before you commit to anything.
- 3
Close on schedule
The assistance is underwritten right along with your loan, so there is no extra timeline.
The quick eligibility check.
- Credit scores from 620
- Primary residences
- FHA and conventional loans
- Repeat buyers welcome
- Income limits vary, with exceptions for many buyers
- Short online homebuyer course
Plan on some money of your own for earnest money, inspections, and prepaids, even when the down payment itself is covered. Weighing a grant against a forgivable or repayable second? The loan comparison calculator prices them side by side.
Straight answers
Is this free money?
No, and anyone who tells you it is should worry you. Assistance is priced into the loan one way or another. Our job is to line up the cost today against what you would owe later and pick the cheapest path for your timeline. You will see the math before you commit.
Do I have to be a first-time buyer?
No. Repeat buyers are welcome on every assistance program we offer.
Is it really nothing out of pocket?
Close, but not zero. Assistance can cover most or all of the down payment itself. You will still see earnest money, inspections, and prepaid taxes and insurance on the way to closing.
Will assistance slow down my closing?
No. The assistance is underwritten right alongside your first mortgage, so even a tight contract stays on schedule.
What happens if I sell or refinance later?
With the grant, nothing. After your first six months of payments there is nothing to repay and no lien on title. With a forgivable second, paying the loan off before forgiveness generally means repaying the assistance. That is exactly why we ask the five-year question before you commit.
How much help can I get?
Up to 5% of the purchase price depending on the program and loan type. On a $300,000 home that is up to $15,000, and grant options alone reach 3.5%, which covers the standard FHA down payment entirely.
Two minutes. No obligation. Real numbers.
Find out what your down payment could look like with assistance behind it.
Guthix Lending • NMLS# 2672037 · Down payment assistance is subject to availability and to income, credit, and property eligibility, and program terms can change without notice. Grant and assistance amounts are program maximums, not guarantees. Forgivable options require consecutive on-time payments, and forgiveness is requested, not automatic. Borrowers should still expect to need funds for earnest money, prepaids, and closing costs. Not all borrowers will qualify. This is not a commitment to lend or an offer of specific terms.