Homeownership Programs

Financial assistance programs for homebuyers and homeowners, sponsored and/or managed by NHF


Man and woman going over business papers at table. Man on phone.
Did you know?

According to the 2018 Barriers to Accessing Homeownership report by the Urban Institute, 68 percent of U.S. renters see the inability to save for a down payment as one of the leading obstacles to homeownership.

In addition, only 23 percent of consumers were even somewhat familiar with low–down payment or down payment assistance programs.

NHF Down Payment Assistance

Single-family house sitting on pile of cash.

One of the biggest challenges for homebuyers is coming up with the funds to cover the down payment requirements and/or closing costs associated with a mortgage loan. To bridge that gap, NHF provides down payment and/or closing cost assistance (DPA), up to 5% of the mortgage loan amount.

NHF DPA is available in most U.S. states and qualifying guidelines are flexible. The assistance may be forgiven immediately, after a short period of years, or have repayment requirements, depending on the Program.

NHF DPA highlights(1):

  • DPA is available up to 5% of the mortgage loan amount
  • Assistance can be used towards down payment and/or closing costs
  • There is no requirement that a borrower be a first-time homebuyer to qualify
  • FICO score requirements and allowable debt-to-income ratios are flexible
  • DPA programs features generous income limits; higher than might be expected
  • FHA, VA, USDA and Conventional Mortgage Loan financing is available
  • DPA is available for both purchase and refinance of a primary residence
  • Sponsored by NHF and available nationally through Participating Lenders


Other Financial Assistance Programs Managed by NHF

Black family with hands in air excited about new home purchase.

GSFA Platinum® and OpenDoors® Programs

The GSFA DPA Programs provide down payment and/or closing cost assistance up to 7% of the loan amount, specifically for borrowers purchasing or refinancing a primary residence in the state of California.

The Programs are sponsored by Golden State Finance Authority (GSFA) and managed by NHF. Visit the GSFA website to learn more.

Workman laying insulation in room of house.

GSFA Energy Efficiency Financing Programs

With the GSFA Energy Efficiency Financing programs, eligible residential and commercial property owners in California can finance a wide variety of energy efficiency measures in easy and affordable ways.

The Programs are sponsored by GSFA in partnerships with Pacific Gas and Electric Company, California Energy Commission, Five Star Bank and others. Visit the GSFA website to learn more.