DC Open Doors Down Payment Assistance Loan (DPAL)
DC Housing Finance Agency offers the DC Open Doors Down Payment Assistance Loan (DPAL) to home buyers in the District of Columbia: up to 3.5%, as a deferred loan.
- Amount
- Up to 3.5%
- Kind of help
- Deferred loan
- First-time buyers only
- No
- Credit score
- 640 or higher
How is DC Open Doors Down Payment Assistance Loan (DPAL) paid back?
Deferred loan: 0% loan. You repay it after 30 years, or sooner if you sell, give the home to someone else, refinance or move out.
A deferred loan costs nothing each month, but the whole amount is due when you sell, refinance or pay off the first mortgage.
Who qualifies for the DC Open Doors Down Payment Assistance Loan (DPAL)?
- Household income up to 170% of the area median income, at most $275,400; only the borrower's income counts.
- You don't have to be a first-time buyer.
- A credit score of 640 or higher.
- It comes with a DC Open Doors first trust mortgage from a participating lender.
- Price limit: no maximum sales price limit.
Most limits follow your county and household size. Our HUD income limits lookup shows your area's median income and where your household sits.
How to apply for the DC Open Doors Down Payment Assistance Loan (DPAL)
- DC Housing Finance Agency pays this help out through its approved lenders, so you apply with one of them, together with your home loan.
- The lender checks your income, credit and the home against the program's rules and reserves the money for you.
- The help is paid at closing, toward your down payment and closing costs.
Read the full rules and whether it is taking applications on DC Housing Finance Agency's page for the DC Open Doors Down Payment Assistance Loan (DPAL), or pick a lender from the agency's list of participating lenders.
Ask a lender about DC Open Doors Down Payment Assistance Loan (DPAL)
Tell us where you're buying and a lender that works with the District of Columbia's programs can tell you whether DC Open Doors Down Payment Assistance Loan (DPAL) fits you, and what you could combine with it.
Rather not call? Send your details and the lender will reach you.
Other first-time buyer programs in District of Columbia
- District of Columbia Home Purchase Assistance Program (HPAP): up to $202,000, deferred loan.
- DC4ME: up to 3%, deferred loan.
- DC4ME VA Loan Product: up to 3% of the home loan, deferred loan.
All District of Columbia first-time home buyer programs · Down payment assistance in every state