Beyond Financing, Inc.
(857) 410-1391

Down Payment Assistance Programs

Saving for a down payment is often the biggest hurdle to buying a home. Beyond Financing, Inc. helps eligible buyers combine down payment assistance (DPA) with a compatible first mortgage – FHA, conventional, VA or USDA – and coordinates the paperwork. Restrictions apply and availability depends on your state and market.

Types of assistance

  • Grants – funds that do not have to be repaid when program terms are met
  • Forgivable second loans – forgiven over time if you keep the home as your primary residence for the required period
  • Deferred repayable second loans – no monthly payment; repaid when you sell, refinance or pay off the first mortgage
  • Amortizing repayable second loans – repaid in monthly installments alongside your first mortgage

Programs we work with

  • State housing finance agency programs – for example CalHFA programs in California (such as MyHome and Dream For All), subject to funding and eligibility
  • Chenoa Fund – nationwide down payment assistance paired with FHA financing, with repayable and forgivable options
  • Lender-sponsored grants and seconds – several wholesale lenders offer their own DPA grants and second loans in multiple states
  • FHA 100% combined financing – an FHA first mortgage paired with an assistance second, where eligible

Common restrictions

Programs may require owner-occupancy, household income limits, purchase-price or loan limits, a minimum credit score, maximum debt-to-income, homebuyer education, first-time buyer status (for some programs), and property location within an eligible area. Funding is limited and can close without notice. Some assistance must be repaid.

Also see: all loan programs · Assistência para entrada (português) · Asistencia para el pago inicial (español)

Frequently asked questions

Is down payment assistance free money?

Sometimes. Some programs are grants or forgivable loans, while others are second loans that must be repaid monthly or when you sell or refinance. Beyond Financing explains the repayment terms before you commit.

Do I have to be a first-time buyer?

Not always. Some programs require first-time buyer status and others do not. Income limits, price limits and location rules also vary by program.

Which states have down payment assistance?

Programs vary by state and market. Beyond Financing, Inc. is licensed in CA, CT, FL, MA, NC, NH, RI, SC and TX and reviews which assistance fits your situation.

Not sure which program fits? Call (857) 410-1391, apply online or send us a message. We speak English, Português and Español.

Beyond Financing, Inc. | NMLS #2394496 | 999 Broadway, Suite 500-N, Saugus, MA 01906 | (857) 410-1391. IN CA, CT & MA: Mortgage Broker Only, not a Mortgage Lender or Mortgage Correspondent Lender. In FL, NH, NC, RI, SC & TX: Mortgage Broker and Correspondent Lender. Loans are available fairly and equally regardless of race, color, religion, sex, familial status, national origin, military status, disability, or ancestry. Licensing | NMLS Consumer Access. Equal Housing Opportunity. This is not a commitment to lend. All loans are subject to credit approval, property approval, underwriting guidelines and program availability; terms may change without notice. Not all applicants will qualify. Program availability varies by state. Rates are not advertised on this site.