Downpayment assistance can increase your purchase power by providing a silent (deferred payment) loan. Because payments on the downpayment assistance loan are deferred until resale or refinance, the downpayment assistance loans do not affect your ratios. Income limits based on household size apply. Each program is different and may have different eligibility criteria.
Currently AHC is participating in the downpayment assistance program listed below. Be sure to check our Affordable Homes for Sale page for information on the homes we have for sale to first-time homebuyers.
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Affordable Housing Clearinghouse is a non-profit organization that provides financing for affordable housing and homeownership.