20% Down Payment Support Program

The Dream For All Shared Appreciation Loan is a down payment assistance program for first-time homebuyers to be used in conjunction with the Dream For All Conventional first mortgage for down payment and/or closing costs.

Upon sale or transfer of the home, the homebuyer repays the original down payment loan, plus a share of the appreciation in the value of the home.

Contact Us

We need to inquire about your income as it is one of the qualifications required by the program.
If you have any question, let us know.

Program Highlights

  • Offers up to 20% for down payment or closing costs, not to exceed $150,000
  • Homebuyer must register for a voucher. A randomized drawing will select registrants who will receive the voucher. This will not be first come, first served.

Eligibility

Shared Appreciation

Shared Appreciation is a little more complex than a typical mortgage loan, so we’ve put together a few examples for you.

Shared Appreciation Examples

Example 1

Borrower is a moderate-income homebuyer

  • Dream For All provides a loan for 20% of the home purchase price.
  • The homeowner pays back the original loan amount plus 20% of any appreciation in the value of the home.
Example 2

Borrower income less than or equal to 80% AMI using the HomeReady Lookup Tool

  • Reduced (0.75:1) program appreciation share
  • Program appreciation share is equal to 0.75 times the Shared Appreciation Loan Amount (i.e., the original principal amount) as a percentage of the home value
  • Dream For All provides a loan for 20% of the home purchase price.
  • The homeowner pays back the original loan amount plus 15% of any appreciation in the value of the home