Did you know there are over 2,700 down payment assistance programs out there—offering anywhere from $5,000 to $150,000 to help first-time homebuyers? These programs come from a variety of sources—state, local, federal, nonprofit, and even some employers—and each one has its own eligibility guidelines. You’ll typically need to look at factors like your income (usually between 80% and 150% of the area median), credit score, whether you’ve completed homebuyer education, and the purchase price limits in your area. Helping clients navigate these options is something I prioritize at Teddy Pendergrass Capital Inc and LoanTKO.com, because the right program can make all the difference when you’re buying your first home. My focus is always on tailoring mortgage solutions to fit your unique situation—making sure you have the information and support you need every step of the way.
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