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National Down Payment Assistance Programⁱ

Homebuying Made Easy!

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Affordable & Flexible Financing for the Home of Your Dreams!

  • No Down Payment Requirements

    Don’t put your life on hold saving up for an expensive down payment! Buy your dream home now, with no minimums or requirements for your down payment.

  • Resources & Learning

    Homebuyer education is required for at least one borrower to qualify for the program, ensuring you’re familiar with all the ins and outs of your loan.

  • Quick Timeline

    Lock in your rate 30 days from close of escrow.

  • Combination Loan

    Finance up to 100% Total Loan to Value (TLTV) with an FHA loan and a fully amortizing loan for 120 months.

  • Available to All

    There’s no first-time homebuyer requirement, so all qualified applicants can take advantage!

  • Attainable Personal Finance

    Less strict personal finance requirements, such as a 600 minimum credit score per borrower, means homeownership is within reach. Plus, non-occupant co-borrowers are allowed!

Offer Terms and Conditions

ⁱSee khov.com for full details. Applicants must meet eligibility requirements. For more information, please contact a K. Hovnanian American Mortgage, L.L.C. account manager for more details. The homebuyer is subject to qualification for specific loan terms, occupancy, down payment, credit and underwriting requirements, and/or investor program guidelines.  The program offered is an FHA first mortgage combined with a second mortgage that is fully amortizing over 120 months equivalent to 100% LTV financing.  Owner occupancy is required. Successful completion of Homebuyer Education is required.  Not all borrowers will qualify. This is not a loan offer.  Maximum contribution limits will apply. Seller contributions limits apply and may affect maximum financing.  Subject to final negotiation of contract terms and is subject to all RESPA guidelines. Seller is not acting on behalf of or at the direction of HUD/FHA or the Federal Government.  K. Hovnanian Homes is not a lender. K. Hovnanian American Mortgage, L.L.C. 3601 Quantum Boulevard, Boynton Beach, FL 33426. NMLS #3259 (www.nmlsconsumeraccess.org). Licensed by Ohio Division of Financial Institutions. Lic. RM.850228.000. See a Sales Consultant for full details. Equal Housing Opportunity.