Down-Payment Assistance Options
Down-Payment Assistance Options
Down-Payment Assistance Options to Get You Home1
Down payment assistance programs help offset the costs that come with buying a home, like a down payment and closing costs. This assistance typically comes in the form of a grant or second mortgage and can make it possible to move forward with buying a home, even if you haven’t saved enough for a down payment.1United offers a number of down payment assistance options that can be used with a wide variety of loan programs. Down payment assistance does often come with certain requirements. For example, some programs may require you to buy a home in a specific location or hold a certain occupation. If you’re interested in learning whether one of the options below could be a fit for you, contact our team of mortgage experts today.
- United Community Down Payment Assistance2
- Up to $10,000 in assistance for qualified homebuyers who earn up to 140% of the area median income and currently live in or are buying a property in a majority-minority census tract in specific markets in the United footprint
- UAdvantage Workforce Housing Plus3
- Up to $15,000 in assistance for homebuyers who earn between 80.01 and 120% of their area median income
- UAdvantage Community Partners3
- Up to $15,000 in down payment, closing cost, counseling, or rehabilitation assistance for current or retired law enforcement officers, educators, healthcare workers, firefighters, and other first responders; veterans and active-duty members of the military or their surviving spouse; and essential workers who are purchasing a home
- UAdvantage First-Time Homebuyer2
- Up to $12,500 in down payment, closing cost, counseling, or rehabilitation assistance for qualified first-time homebuyers
- United Home Access
- Atlanta Housing
- Fulton County HOP
- South Carolina CommunityWorks
- Alabama Housing Step Up
- Cleveland Bradley Housing Corporation
- City of Cleveland, TN
- City Fields (Cleveland, TN)
- Florida Housing
- NC Housing Finance Agent Community Partners Loan Pool
- SC Housing
- Tennessee Housing Development Agency
- House Charlotte
- City of North Charleston
Connect with a local lender.
Fill out the form below or call 1-800-914-8224 to get in contact with the Mortgage Services team.
Have a question about an existing home loan? Call 1-800-UCBANK1 (1-800-822-2651) and choose Option 6 to connect directly with our loan servicing experts.
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Restrictions apply. Not all borrowers will qualify. This is not a commitment to lend.
2 Funds subject to availability. Restrictions apply. Not all borrowers will qualify. Qualified borrowers can access up to 3.5% of the purchase price or $10,000, whichever is less. Funds can be used towards a borrower’s down payment, to buydown the rate, closing costs and/or prepaid items. The loan is a 5-year, no-interest, no-payment, forgivable second lien. The loan will need to be repaid if the property is sold or refinanced within five years of the note date. Can be used with conventional, fixed-rate conforming Freddie Mac mortgages. Borrower must occupy the home as a primary residence and homebuyer education is required.
3 UAdvantage Workforce Housing Plus, First-Time Homebuyer and Community Partners are products of the Federal Home Loan Bank of Atlanta. Household income restrictions and other requirements apply. Please see Federal Home Loan Bank of Atlanta’s Affordable Housing Program Implementation Plan at www.fhlbatl.com for complete product requirements.
