Delaware State Housing Authority (DSHA) Loans
DSHA Loans Made Simple.
DelawareHomeLoanPros.com, powered by Cornerstone First Mortgage, is proud to offer the Delaware State Housing Authority loan program (DSHA loan) to our borrowers. This program is designed to make homeownership more accessible and affordable for residents of the First State. Purchasing a home is a significant milestone and DSHA loans provide unique benefits to help you achieve that milestone.
The DSHA loan program offers competitive interest rates, various down payment options, and closing cost assistance. These programs are tailored to support first-time homebuyers, as well as those looking to purchase in targeted areas or with specific needs. Cornerstone First Mortgage is an approved DSHA lender. Our experienced team can guide you through the eligibility requirements and application process. Let’s make sure you take full advantage of these valuable resources.
We Are Your DSHA Lending Partner
Dreaming of owning a home in Delaware? The Delaware State Housing Authority (DSHA) Homeownership Loan Program offers affordable financing solutions tailored for low-to-moderate-income Delawareans. DSHA loans offer eligible borrowers up to $10,000 in financial assistance to reduce the upfront costs of buying a home.
Here’s a breakdown of DSHA loan options:
- Welcome Home Program
- Designed for first-time homebuyers.
- Features competitive rates (around 5.625%).
- Home Again Program:
- For repeat homebuyers.
- Rate of 6.375% for FHA, VA, RD, or Smart Start loans.
- Additional Programs:
- First State Home Loan
- Diamond in the Rough
- Down Payment Assistance:
- Many DSHA programs offer down payment assistance.
- First State Home Loan: Offers 3% of the final loan amount.
- Diamond in the Rough: Provides 5% of the loan amount for qualified buyers.
It’s important to note that all lenders cannot offer these DSHA programs. Cornerstone First Mortgage is a participating lender, meaning we’ve met the rigorous standards to provide you with access to these valuable resources. Our approval helps you to maximize the benefits available to you.
Ready to take the first step toward homeownership in Delaware? We can check your eligibility and explore your DSHA loan options. Our team is here to support you through every step of the process. Let us explore your financing options and turn your new home vision into reality.
DSHA Approved Lending
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DelawareHomeLoanPros.com offers expert guidance and access to DSHA loan programs. Benefit from competitive rates and down payment assistance. Don’t wait, contact us today to explore your options and start your journey to owning your dream home in the First State.