KANSAS DOWN PAYMENT ASSISTANCE
A Statewide Program For Homebuyers
Kansas Down Payment Assistance Program is a statewide program for homebuyers. Homebuyers can receive up to a 5% down payment assistance grant with their mortgage.
KANSAS DPA PROGRAM
To qualify for the KansasDPA Program you must:
Have qualifying credit - A minimum credit score of 640.
Meet the income and purchase price limit - see below
Purchase one of the following types of homes:
Single family detached homes
Duplex (provided one unit owner occupied)
A 30-year fixed rate mortgage loan with up to a 5% grant for cash assistance for down payment or closing costs.
Unlimited funding of 30-year fixed rate mortgage loans with assistance at the following levels:
FHA: 2%, 3%, 4% and 5% grant
USDA-RD: 2% and 3% grant
VA: 2% and 3% grant
Conventional: Unassisted (low rate),
2%, 3%, 4% and 5% grant
All Loans - Government (FHA, USDA, VA) & Conventional (FHLMC)
Kansas City MSA - $135,520
(Leavenworth, Wyandotte, Johnson, Linn & Miami)
Lawrence MSA - $132,300
Ellis County - $121,800
Nemaha County - $122,360
Wallace County - $123,200
All Other Areas - $121,240
Purchase Price Limits
NEW AND EXISTING HOMES
Maximum Purchase Price
All Areas - $647,200
Contact us today for income and purchase price limits for targeted areas.