Down Payment Assistance Program

At Goldwater Bank, we are helping customers to find 100% financing through USDA, VA loans, or offering down payment assistance program. Qualifying first-time homebuyers can get grant funds or soft loans, second loans via  affordable housing program. Before purchasing your home, please contact our Mortgage Specialist and see if you are qualified for down payment assistance program. If you have any grants or down payment assistance from your County, State or any organization, let us know. We may be able to use that grant or assistance to purchase your dream home. We have several down payment assistance program available for the Borrowers who really need the fund the purchase the home. Here are few program highlights: 

  • Up to 4% down payment assistance in the form of a gift, soft- mortgage or a second mortgage
  • Borrower must have minimum 620 credit score
  • No non-occupant co-borrowers are not allowed
  • First time or second home buyers are qualified
  • A Borrower qualifies based on the area median income and family size
  • Assistance can be used for down payment or closing cost
  • Up to 140% household income qualification of the median income

Please apply online today and write a brief note for faster prequalification. Once we have your complete loan application and necessary documents, our team can find the best possible program for you. This is your one stop to find the down payment assistance and mortgage loan based on your qualification. For further questions or additional information, contact us through email, phone, or talk to us online.