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Need A Down Payment  to Buy a Home?

Down Payment Home Progam

We'll cover your down payment for you! 

Our Black Down Payment Home program covers up to 3.5% of your down payment. You get a 
10-year private loan that covers the down payment needed to purchase a home. 


No initial down payment required from the buyer. With options for both Conventional and FHA loan types, what are you waiting for?*

*Loan program terms and conditions are subject to change at any time without notice. The borrower is subject to loan program qualifications and may not be approved. Not offered in all states. 

Lending With A Purpose

The American Dream
Up To 3.5%

Provide a down payment up to 3.5%

Instant Equity With
A Grant

Keep money in clients’ pockets.

Down Payment Home For Us

The American Dream, Now Possible For All

What We Do

The cost of living is always on the rise and income is stagnant, so we know you need new solutions. Black Down Payment is here to give you that solution with up to 3.5% down-payment for new home owners.

DP Funds

 Down Payment funds are provided to homebuyers through private Funds. These down payment funds are offered through  the correspondent lender Funds.

Lending

Black Down Payment Fund is not a mortgage lender, rather, a provider of funds to make this program possible. Through one of our approved correspondent lenders.

Grant Benefits

INSTANT EQUITY

Through the Black Down Payment Fund Grant Programs, you keep your money in your pocket. This means instant equity in the home you just bought.

Single Family Residences
2 units – LLPA applies
PUDs
Townhouses
Condominiums – Must be FHA Approved
Double wide manufactured housing 

FORGIVABLE SECOND LIENS

We believe in a head start, not starting you behind. All Funds products are 100 FORGIVABLE Funds. This means no 2nd lien/mortgage on you.

100%  FINANCED PROGRAM 

Black
Down Payment Home Grant's ​​​​​​

The Black Down Payment is dedicated to helping Black families achieve homeownership by providing down payment assistance for FHA and conventional mortgage loans. Despite the Fair Housing Act of 1968, the homeownership gap between Black and white families remains significant, with only 44% of Black families owning homes compared to 73.7% of white families, according to the US Census. Racial discrimination and the challenge of securing a large down payment contribute to this disparity. Our mission is to support moderate and low-income Black families through a variety of programs that make homeownership affordable and sustainable.