1. Learn about this resource. 

Prospective homebuyers can receive a loan to help with their down payment and closing costs. The repayment of the loan is deferred, meaning that you don’t have to repay the amount until 30 years later, when you move, when you sell the home, or when you refinance—whichever happens first. When homebuyers receive this loan, their mortgage is financed through the DC Housing Finance Agency.


The down payment loan covers the gap between the home’s purchase price and the amount you’re approved to borrow for your mortgage. For example, if your home’s purchase price is $400,000 and you’re approved for a $350,000 mortgage, The District can provide a loan for up to $50,000. In addition, up to $2,500 in closing costs, including taxes, insurance, and other fees you pay when you close on a home (learn about the homebuying process), can be added to the down payment loan.


This program is called DC Open Doors and is offered by the DC Housing Finance Agency.

2. Check if you are eligible.

You are eligible if all of these statements are true:

  • You have a minimum credit score of 640.

  • Your yearly gross income—your income before paying taxes—is at or below $154,800. This includes money from working, government assistance, child support, and any other sources for everyone who will be listed as a borrower on the mortgage.

  • Your debt-to-income ratio is less than 50%. This means that your monthly debt payments (such as car payments, minimum due on credit card balances, and student loan payments) are less than half of your monthly income.

  • You are purchasing a single-family home, condominium, or other property with up to four units (such as a duplex) in DC to live in as your main residence.

  • You do not own a home when you apply for the program.

You do not need to be a current DC resident or a first-time homebuyer to apply.

get a loan up to $52,500 to buy a home?


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Keywords: homebuying assistance, deferred loan, down payment, closing costs, title fees, homeowner's insurance, credit score, income limits, mortgage, buying a home, homebuyer, first-time homeowner


This page was last updated July 2022.