09/22/2026
Down payment assistance can be a valuable tool—but before choosing a program, make sure you understand the complete picture. 🏡
From a real estate agent’s perspective, I want my buyers to look beyond the amount being offered and ask how the program could affect their purchase, monthly budget and future plans.
Before moving forward, ask:
• Is the assistance a grant, forgivable loan, deferred loan or repayable second mortgage?
• Does it change the interest rate, closing costs or loan fees?
• Will it increase the total monthly payment?
• Is there a required period of owner occupancy?
• What happens if you sell, refinance or move before that period ends?
• Are there income limits, credit requirements or property restrictions?
• Will the program affect which homes you can purchase?
• How much money will remain in your savings after closing?
• How does this option compare with financing without assistance?
The best program isn’t always the one offering the most money upfront. It’s the one that supports your budget, home search and long-term goals.
My role is to help you understand how your financing connects to the real estate side of the transaction and coordinate with a trusted lender so you can make an informed decision.
Save this list before choosing a down payment assistance program. If you’re thinking about buying, send me a message and let’s create a plan for your next move.