Lender Program


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Did You Know?

As of July 1st, 2007 these non-profit seller-funded DPA programs are to be discontinued.

As an Institutional Lender, you will need to begin to transfer your programs into an approved Government Sponsered DPA program.

The Federal American Government Grant Program can meet all of your needs and ease the burden of your transition.

Mortgage Loan Officers and Brokers

Here is how the grant program works:

Qualify the borrower for an FHA loan or other loan that allows the use of gift or grant funds to be used towards the down payment.
The home seller must agree to pay a small processing fee. The seller’s fee is deducted from the proceeds of sale at the time of closing.
The loan officer completes the online Grant Application form.
Grant funds are wired to the settlement agent prior to closing.

Note: The sales price may not be increased to make up for the processing fee.

Registered Institutions:

Create Your Account: