Most of these programs set strict income limits that vary based on where you live.
You may be eligible for down payment assistance (DPA) depending on your income and the location of the home you’re buying. Some state and local government housing programs cover both your down payment and closing costs. Most of these programs set strict income limits that vary based on where you live. If, however, you don’t plan to live in your home long, you may want to skip DPA programs — they often require you to live in the home for a set amount of time to avoid repaying the assistance.