Down Payment Assistance

Down Payment Assistance At Bank of England Mortgage, we understand from time to time, we all need a helping hand. So... we're here, beside you every step of the way on your home buying journey.

The U.S. Department of Housing and Urban Development (HUD) provides grants to state and local organizations

A DPA grant decreases homebuyer costs, avoids burdening the homebuyer with additional debt and eliminates property liens associated with secondary financing options.

Often times:
• A DPA grant never has to be repaid.
• Grant reduces debt and creates positive home equity.
• Grant creates a positive impact on housing economy.
• Not limited to first time homebuyers
• State funded

A DPA grant decreases homebuyer costs, avoids burdening the homebuyer with additional debt and eliminates property liens associated with secondary financing options.

Eligible borrowers may include the following:
• First Time Homebuyers
• First Responders(current or retired)
• Teachers(current or retired)
• Medical Personnel(current or retired)
• Civil Servants(current or retired)
• Military(current or retired)

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