On July 30, 2008, President Bush signed the Housing and Economic Recovery Act of 2008 which prohibits seller-funded down payment assistance. Historical program information is only provided for reference on this website.

FHA.com: Home Purchase and Refinance Loans

FHA Loan Programs for 2024

The most recognized 3.5% down payment mortgage in the country. Affordable payments w/good credit.

Are You Watching Your Credit Score?




- Improving Your Credit Score Has Never Been More Important -

FHA.com is a privately owned website, is not a government agency, and does not make loans.
FHA Home Loans

Choose a Loan Type

FHA.com is a privately owned website, is not a government agency, and does not make loans.

Responsible Home Ownership

Loan Assistance Programs Canceled in 2008

Elimination of Nonprofit Down Payment Assistance: On July 30, 2008, President Bush signed the Housing and Economic Recovery Act of 2008 which prohibits seller-funded DPA (Down Payment Assistance) for loans backed by the Federal Housing Administration. Prior to this bill, the seller could contribute up to 6% to the buyer to cover either a down payment or closing costs on an FHA loan. The changes took effect on Oct. 1, 2008. We provide this information for reference only. These grants are no longer available.

NEW: Down Payment Assistance Programs for 2024

The Responsible Home Ownership program is run by a non-profit organization called Community Housing and Development Corp. The Responsible Home Ownership program offers down payment assistance to low-income individuals who have steady income and good credit. You may qualify for this program if you meet the following criteria:

  • You meet the low-income criteria for this assistance program.
  • You are pre-qualified for an FHA home loan, or are approved for an FHA loan.
  • You are purchasing a home in the United States (as opposed to "offshore").
  • You purchase a "participating home".

The participating home requirement means the seller must sign the "Participating Home Agreement". Check with your loan officer and/or realtor to learn how to get your seller involved in this program if the seller is not already participating. Funds from this program can be used for both closing costs and down payments.

This down payment assistance program is much different than other programs in one major way; it is not limited to owner-occupied single family residences. The terms of this program allow down payment assistance for multi-family homes and even commercial purchases.

Some of the purchases you can make using down payment assistance from the Responsible Home Ownership program may fall outside the bounds of what you are permitted to buy with an FHA loan. Check with your loan officer if you have specific questions about your participation in this program using an FHA-approved home loan.

Down payment assistance programs generally require the seller to pay a fee to participate. This fee is considered a payment for services rendered and not a tax-deductible charitable contribution.

Since this program is no longer available, we recommend that you get pre-approved for a low down payment FHA home loan.

SEE YOUR CREDIT SCORES   From All 3 Bureaus  

Do you know what's on your credit report?

Learn what your score means.


FHA Loan Articles and Mortgage News

FHA Rehab Loans vs. Home Improvement Loans

June 7, 2024 - What’s the difference between FHA rehab and home improvement loans? Some people use the terms interchangeably, but an FHA 203(k) rehab loan is very different from a home equity line of credit or a home improvement loan.

Answers to Five Important FHA Loan Questions

June 6, 2024 - New borrowers have many questions about how the FHA loan process works. Whether you’re in the planning and saving stages of the loan or are ready to make an offer on a house, there are some important answers to get along the way to make the most informed decision.

Is Your Home in a Federal Disaster Area?

June 5, 2024 - If you have an FHA loan on a home that has been affected by a natural disaster in a federal disaster area, there are important options for you to know about. You should know more about the options below when trying to settle insurance claims.

Home Loan Interest Rate Tips

June 3, 2024 - An article published by Forbes Advisor notes various home loan interest rate predictions. Some of them might surprise you. Others might not. In general, the feeling among industry pros is that rates aren’t going to take a nosedive anytime soon.

What Affects Your Home Loan Application Before Closing Day?

June 2, 2024 - Once your home loan application is approved, it’s tempting to think you are “bulletproof” on the way to closing day, and nothing can stop your FHA loan now.  But there are some factors to be mindful of before closing day.