DPA / Affordable Lending
We understand that coming up with a down payment can be difficult. At Flint Hills Mortgage, we have a variety of options designed to help first-time buyers and qualifying borrowers reduce or even eliminate the upfront costs of buying a home. We are here to walk you through your options.
Down Payment Assistance (DPA) Programs — These programs provide eligible borrowers with funds to help cover their down payment, closing costs, or both, and are often paired with FHA or conventional loans.
- Assistance may come as a grant, forgivable loan, or second mortgage
- Income and purchase price limits may apply depending on the program
- Available to both first-time and qualifying repeat buyers
Chenoa Fund — A nationally available DPA program with no geographic restrictions, helping low-to-moderate income borrowers cover the down payment on FHA loans.
- Provides up to 3.5% in down payment assistance
- Repayable or forgivable options available depending on the program tier
- Income limits apply based on area median income (AMI)
Ready to explore your options? Call us today, we'd love to help you get started.