Down Payment Assistance

There are a growing number of options for people who want to buy a home, can make the monthly payments but have little or no down payment. First Option Mortgage is a leader in affordable housing solutions, from down payment assistance grants to interest-free second mortgages and other special mortgage programs. Owning a home is easier than ever with these affordable loan programs!

First Option Mortgage offers different forms of Down Payment Assistance Programs.

Grants of 3%, 4% or 5% of the 1^st mortgage amount, require no repayments.
Forgivable second lien requires no repayments
Deferred payments
Silent Seconds
Not limited to first-time homebuyers
Programs can be used for down payment, closing cost assistance and more
Available for FHA, VA and Conventional Home Loans
Specialty programs available for teachers, firefighters, police officers, Veterans and more

Let's See If You're Eligible