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Down Payment Assistance Programs!

2% down payment assistance 

  • You will receive 2% in GRANT 

  • You will pay 1% in down payment

  • Earn max 80% of the Area Median Income

  • Max loan amount $350,000

  • Don't have to be a first-time homebuyer

$10,000 Grant

  • Must live in MSA census tract address

  • Can purchase anywhere!

  • No income limitations

  • Follow County loan limits

  • Must be a first-time homebuyer

100% Financing

  • 96.5% First mortgage

  • 3.5% Second mortgage

  • No income limitations

  • Repayable and Forgivable options

  • Don't have to be a first-time homebuyer




Here's a quick run-down on how it works:

1. Pull out existing equity from your current home at 0% interest and apply it as down payment for your next purchase

2. Qualify based on only the new mortgage payment (current mortgage payment is not factored into your Debt-to-Income ratio)

3. If your home doesn't sell in 90 days, our lending partner will buy it from you...ALL RISK FREE! 

Now you can buy before you sell and submit stronger offers with no home sale contingency. More details are involved so contact us!


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I chose Providence Mortgage for my first time home buy. They were super helpful and kind in assisting me with my loan. They explained things kindly and with detail when needed and the process was so smooth and effortless. I will definitely use them again for future purchases.

-A. Tingle

Similing Team

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