Common questionCommon question
Is there a purchase price limit for down payment assistance?
Short answer
746 of the 2,700-plus programs in the catalog publish a maximum purchase price. They are recorded in 50 states and territories.
By the numbers
programs publishing a price cap
- States and territoriesStates and territories with one
- 50
- Open nationwideOpen nationwide
- 0
- Grants or forgivableGrants or forgivable loans
- 352
- Deferred second loansDeferred second loans
- 278
- Ask for a homebuyer classAsk for a homebuyer class
- 647
- No first-time ruleNo first-time requirement
- 174
Hey Prescott catalog of 2,000+ programs. Types are as each program record labels them.
What to know
Purchase price caps are usually set per county and are revised as local prices move, so a cap published this year may differ next year. Programs without a published cap are often limited in practice by their income limit, or by the loan limit of the underlying first mortgage.
Near you
See programs where you’re buying
Start with a ZIP code, then a few short questions to see every program that matches your answers. No SSN, no credit pull.
State by state
Programs publishing a price cap.50 states and territories have at least one. Each links to that state’s full directory.
| State | Programs publishing a price cap |
|---|---|
| California | 180 |
| Texas | 37 |
| Colorado | 32 |
| Maryland | 29 |
| Georgia | 28 |
| Minnesota | 24 |
| Ohio | 23 |
| Tennessee | 22 |
| New York | 19 |
| New Jersey | 18 |
Questions, answered
Where do these numbers come from?
Hey Prescott maintains a catalog of 2,000+ active down payment assistance programs across all 50 states and DC, each verified against the administering agency’s own published material and carrying the date it was last checked. The counts on this page are drawn from that catalog and refresh as it does.
Is Hey Prescott a lender?
No. Hey Prescott is an educational directory of down payment assistance programs. We list programs and link to official sources; we do not make loans or give individualized lending advice.