Delaware Valley Real Estate - OnPoint with Letitia Stevenson

AT-A-Glance: Delaware First Time Home Buyers Program

DHSA Bond Program

First Time Home Buyer:            

Homebuyer who Has not owned a home in the past three years

Income Limits:                                   

$77,800 for 1-2 person household | $89,470 for 3 or more persons (New Castle County)

$70,800 for 1-2 person household | $81,420 for 3 or more persons (Kent & Sussex County)         

Sale Price Limits:                      

$366,990 (New Castle County)

$328,762 (Kent County)      

$327,670 (Sussex County)

Rates:                                     

4.75% - 0 points - FHA; 4.75% - 1 point - conventional (Existing Homes)

4.25% - 0 points - FHA; 4.25% - 1 point - conventional (New Construction)

Principal Amount Available:       $85,000,000

For more information on DSHA's affordable homebuyers programs, please contact DSHA at 302.577.5001, or visit DSHA's website. Or, contact a participating mortgage lender. If you would like of a list of DSHA's approved lenders or have any real estate questions, please contact me. Whether buying, selling, or just curious to learn more, I'm here to assist you.  Please contact me with your questions. I look forward to hearing from you.

This post is for informational purposes only and should be verified by the DSHA. Please contact DSHA or a participating mortgage lender for current information or if you have any questions regarding DSHA's affordable homeownership programs.