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Future Homebuyers > Down Payment Assistance

​​​​​​​​​KHC recognizes that down payments, closing costs, and prep​aids are stumbling blocks for many potential home buyers. We offer a special loan program to help with those. Your KHC-approved lender can help you apply.

Regular DAP

  • Purchase price up to $544,232​​ with Secondary Market​ or Mortgage Revenue Bond (MRB) income limits.
  • Assistance in the form of a loan up to $12,500 in $100 increments.
  • Repayable over a 15-year term at 4.75 percent.
  • Available to all KHC first-mortgage loan recipients.​​

​​More About Down Payment and Closing Costs

  • No liquid asset review and no limit on borrower reserves.
  • Specific credit underwriting standards may apply to down payment programs.​