Let's find you some free money!

All Programs

Purchase +

Get a $5,250 non-repayable grant towards your down payment and closing costs. Enjoy lower rates and PMI with a waiver of all credit based pricing adjustments.

One +

Make homeownership a reality with as little as 1% down. Get an additional 2% of your down payment for free. Qualifying home prices must be <$350,000.

Home Ready

Get ready to buy a home with 3% down. Get $3,500 cash towards closing costs. Your qualifying income must be less than 80% of Area Median Income (AMI)

Rate Break

Save more on monthly payments with a lender funded 2-1 temporary buy down. Get a 2% lower rate in year 1, Qualifying income should be <80% of AMI.

Affordable loans with free grants!

Qualify for down payment assistance, closing cost assistance or a lender funded temporary 2-1 buydown with just your income, address, home price and credit score!

Frequently Asked Questions

Are DPA grants only for first-time homebuyers?

While most programs are for first-time buyers, grants like Purchase+ are available as long as at least 1 of the buyers is a first-time buyer or hasn't owned a home in the past three years.

Can I combine DPA grants with other loan programs?

No, Our down payment grants like "1% down" of Purchase+, are a conventional loan program where as Empowered DPA is an FHA program. We have several options to help you achieve homeownership.

What is the difference between a DPA grant and a forgivable loan?

A DPA grant does not need to be repaid, while a forgivable loan may require repayment unless specific conditions, like staying in the home for a set period.

Why should I use the Altgage DPA grants?

Altgage's DPA calculator is a user-friendly tool that uses your income and location to automatically qualify and apply your grant to your home purchase at closing. All you'll need to do is complete any associated education requirements (usually 1-2hrs)