Financial & Lending Assistance

NeighborWorks® Financial and Lending Assistance Programs are in place to help everyone achieve the dream of home ownership.

NeighborWorks® Purchase Loan Programs

We offer a variety of Down Payment and Closing Costs Loans to help you buy your home.

Neighborhood Lending Services Down Payment & Closing Cost Loan (NLS DPCC)
  • Three loan amounts to choose from $2,500, $5,000 & $7,500
  • 2% interest rate with low monthly payments
  • Completion of NeighborWorks Home Buyer Education is required
  • Income Limit is 100% of the area median income (AMI)
  • Funds Can’t be used toward the Buyers required 3.50% Down Payment on an FHA loan

Eligibility Guidelines

Neighbor Next Door Down Program & Closing Cost Loan (NND DPCC)

Offers expanded income limits for first responders, teachers, nurses and active duty military.

  • Three loan amounts to choose from $2,500, $5,000 & $7,500
  • 2% interest rate with low monthly payments
  • Completion of NeighborWorks Home Buyer Education is required
  • Income Limit is 150% of the area median income (AMI) for qualified applicants
  • Funds Can’t be used toward the Buyers required 3.50% Down Payment on an FHA loan

Eligibility Guidelines

HOF – Housing Opportunity Fund Down Payment & Closing Cost Loan (HOF DPCC)
  • Four loan amounts to choose from $2,500, $5,000, $7,500 & $10,000
  • 0% interest and No Monthly Payments (30 Year Deferred Loan aka Due on Sale)
  • Completion of NeighborWorks Home Buyer Education is required
  • Income Limit is 115% of the area median income (AMI)
  • Funds Can’t be used toward the Buyers required 3.50% Down Payment on an FHA loan
Eligibility Guidelines