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    Loan Programs

    Washington D.C.

    Washington D.C. DCFA  All of DCHFA’s programs are outlined for developers seeking financing, future homeowners seeking down payment and/or closing cost assistance, renters seeking affordable apartments and homeowners in need of financial relief to retain their home.

    Home Purchase Assistance Program (HPAP)

    -Provides financing assistance up to $50,000 and closing cost assistance of $4,000 for first-time buyers in DC.

    -Funding ranges from $10,000 to $80,000, depending on your household income.

    -HPAP assistance offers 40-year loans, with payments deferred for the first five years.

    Click HERE For Loan Programs in Washington D.C.


    Maryland Mortgage Program 

    • 30-year, fixed-rate deferred payment loan at 0 percent interest to cover down payment and closing costs up to 5 percent of the purchase price. It helps to think of it almost like a grant – you’ll only repay it when you sell or refinance your home.
    • The program also includes a low-interest first loan. Household Income limits in Maryland range from $92,500 up to $154,420, depending on property location and household size
    • At least one of the buyers must be a “first-time” home buyer – in this case, that means someone who hasn’t owned a home in the previous three years.

     Maryland SmartBuy 2.0

    • A qualifying homebuyer can purchase a home through the Maryland Mortgage Program, and use up to 15% of the value of the home (up to $40,000) to pay off their student debt while still counting toward their new home.
    • Allows you to purchase any home in Maryland that meets the Maryland Mortgage Program guidelines unlike version 1.0 that limited you to ready-to-move-in homes owned by the state and program. The program can bring up to $40,000 in student debt relief.
    • To qualify for Maryland Smart Buy 2.0 program, homebuyers must have an existing student debt with a minimum balance of $1,000.


    Click HERE For Loan Programs in Maryland



    • FHA insured
    • Low down payment
    • Liberal credit qualifying
    • As low as 1% down with Virginia Housing DPA Grant
    • 3.5% downpayment.
    • Credit Scores as low as 620
    • Eligible for Virginia Housing’s Down Payment

    (Veterans Administration)

    • VA guaranteed
    • $0 down payment required for eligible veterans
    • Liberal credit qualifying
    • 100% financing
    • Credit scores as low as 620
    • Eligible for Virginia Housing’s Closing Cost

    Click HERE For Loan Programs in Virginia