DownPayment Assistance
Loans

Homeownership gives stability, community, and fulfillment, not just financial benefits. Homy Loans offers programs from just 3% down. Let's clear up common homebuying myths so you can proceed confidently.

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What is DPA
Loan?

A Down Payment Assistance (DPA) loan is a program designed for those who need financial help covering the initial costs of a home purchase. Often, a borrower qualifies for all other aspects of a loan but does not have enough cash saved for the down payment and closing expenses.

Key Benefits of Down Payment Assistance

DPA programs are crucial for making homeownership accessible, particularly for first time homebuyers.

Reduced Out of Pocket Costs

Reduced Out of Pocket Costs

Reduced Out of Pocket Costs

Reduced Out of Pocket Costs

State and Local Programs

State and Local Programs

State and Local Programs

State and Local Programs

Faster Homeownership

Faster Homeownership

Faster Homeownership

Faster Homeownership

Flexible Options

Flexible Options

Flexible Options

Flexible Options

Types of Assistance Available

Down Payment Assistance comes in various forms, each designed to meet different financial needs. Our loan officers will help you determine which type you qualify for.

Assistance Type: Grants
Description: Funds provided that typically do not need to be repaid.
Key Feature: Excellent for minimizing debt and maximizing savings.
Assistance Type: Second Mortgages (Silent Seconds)
Description: A separate, low-interest loan specifically for the down payment.
Key Feature: Repayment may be deferred or forgiven over time, depending on the program.
Assistance Type: Zero Interest Loans
Description: Assistance provided in the form of a loan with no interest charge.
Key Feature: A low-cost way to borrow the funds you need.
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Frequently Asked Questions

What type of architecture does Arkitect specialize in?

We believe in a human powered mortgage process. Our dedicated loan officers are good people committed to guiding you every step of the way, helping you achieve your homeownership goals.

Can Arkitect handle both architecture and interior design?

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Does Arkitect work on international projects?

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What is Arkitect's design process?

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How do I start a project with Arkitect?

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