Down Payment Assistance

Down Payment Assistance

Welcome to our Down Payment Assistance (DPA) mortgage option, designed to help eligible clients purchase their dream home. This option is perfect for those who are ready to take action towards achieving their goal of homeownership.

With DPA, you’ll receive the necessary down payment assistance for your home purchase, allowing you to qualify for the FHA-required 3.5% of the purchase price. The best part? The program is provided in-house by the lender, making the process simpler and easier for you.

One of the most significant benefits of this option is that it’s not just for first-time homebuyers, and there’s no income restriction. So, whether you’re a first-time buyer or someone who’s looking to upgrade to a new home, DPA can help you make that a reality.

The DPA option allows you to purchase a single-family home or up to a 4-unit home. And, with an interest rate structure, you’ll have up to 10 years to repay the DPA amount with no prepayment penalty.

To make the most of the program, we require our borrowers to attend a homebuyers counseling course from a HUD-certified agency. The $75 course fee is applicable to both the borrower and co-borrower and can be completed online for convenience. Additionally, clients can receive a Seller Credit up to 6% of the purchase price towards closing costs, and eligible clients can receive a financial gift.

Our program also offers several highlights, including per county loan limits, eligibility for first-time homebuyers, allowance for non-occupying co-borrowers. The homebuyer’s course must be completed and can be completed online.  Here is the link to take the class:

At LISA HOME MORTGAGE™, we’re excited to work with you and your family towards achieving the goal of homeownership. Take the first step towards your dream today with our Down Payment Assistance option.

Disclaimer: Mortgage options are funded by 3rd party Lenders, and all underwriting requirements are based on 3rd party Lenders and Investors. Guidelines and mortgage options requirements and are subject to change. This is not a promise or commitment for a mortgage loan. Mortgage loan options may not be available in all States. This site is not authorized by the New York State Department of Financial Services. No mortgage solicitation activity or loan applications for properties located in the State of New York can be facilitated through this site. For full licensing information, go to:

Contact Us

11880 Bustleton Avenue, Suite 204,
Philadelphia, PA 19116

Toll-Free: +1 833-835-6267
Fax: (215) 330-4930


MON-FRI: 9:00 am - 5:00 pm EST
SAT: Closed
SUN: Closed


LISA HOME MORTGAGE™ , LLC. NMLS 1758932. Full licensing information, go to: Equal Housing Opportunity. This Licensee is performing acts for which a Mortgage Broker license is required. LISA HOME MORTGAGE™ , LLC, DBA LISA HOME MORTGAGE™ . The content in this advertisement is for informational purposes only. This is not a promise for a mortgage. This is not an offer for an extension of credit or a commitment to lend. Loan Approval is not guaranteed and is subject to lender review of information. All loans are subject to underwriting guidelines and guidelines are subject to change without notice. All loan options are funded through 3rd party Lenders. Loan descriptions are based on associated Lenders, Investors, and underwriting requirements. Loan is only Approved when the lender has issued an approval in writing. Specified rates are subject to change without notice due to market conditions. LISA HOME MORTGAGE™ is approved to broker FHA and VA loans to approved lenders. LISA HOME MORTGAGE™ is not affiliated with any government agency. Loan programs may not be available in all States. Licensed by the Pennsylvania Department of Banking - License 71074; Delaware Broker - License 03114; California Department of Financial Protection and Innovation Financing Law - License 60DBO-124075; Colorado Division of Real Estate Mortgage Company Registration; Alabama State Banking Department Mortgage Brokers - License 23071; Louisiana Residential Mortgage Lending License Office of Financial Institutions – License 1758932; Texas Department of Savings and Mortgage Lending Mortgage Company - License 1758932.

This site is not authorized by the New York State Department of Financial Services.  No mortgage solicitation activity or loan applications for properties located in the State of New York can be facilitated through this site.