Empowered DPA Program Down Payment Assistance

Empowered DPA Program Down Payment Assistance is a deferred second loan for homebuyers in Statewide, California. Lender-administered DPA. Various sub-products with different repayment terms. Up to 5% of loan amount in DPA structured as forgivable or repayable second mortgage. Combines with Conv or FHA first. This is a nationwide program, so it is available beyond a single state or city. Funding comes from Empowered DPA Program.

Empowered DPA Program Down Payment Assistance is deferred, so no payments are due until the home is sold, refinanced, or the first mortgage is paid off. Repayment is triggered by sale, refinance, or end of term. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Empowered DPA Program Down Payment Assistance is open to homebuyers who will live in the home as their primary residence. A homebuyer education course is required, through Required - HUD-approved. Sourced via Homebuyer Wallet (NT20250022). Lender-administered. Available nationwide via correspondent lender network. Verify availability with originating lender.

Empowered DPA Program Down Payment Assistance sets its income limit as follows: Per first mortgage program guidelines. The limit applies to total household income, not only the borrower’s. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

Empowered DPA Program Down Payment Assistance can be used for Single-family, Condo, Townhouse.

Empowered DPA Program Down Payment Assistance is a nationwide program, so it is not limited to one state.

Applications for Empowered DPA Program Down Payment Assistance go through the administering agency. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.