Make Your Home Ownership Dreams a Reality!
American Spirit FCU is proud to be a Delaware State Housing Authority (DSHA) Approved Mortgage Lender. That means we’re one of the few Mortgage Lenders in Delaware that are authorized to offer Mortgages through DSHA’s Finance Agency Mortgage Loan Programs featuring special home buyer benefits.
Need a lower rate to make buying a home happen? Need assistance with your down payment? We can help! We offer Mortgage options for first-time and repeat home buyers alike.
Enjoy competitive Mortgage Rates & Up to $10,000 in Down Payment Assistance!
DSHA Mortgages are 30-year, fixed-rate loans with interest rates below or at the market rate for qualified buyers. DSHA also offers up to $10,000 in Down Payment Assistance to help qualified buyers afford their down payment.
DSHA First-Time Homebuyer Program
- MUST be a first-time homebuyer to qualify for this program. A first-time homebuyer is someone who has not had ownership of a primary residence in the previous three years. The First-Time Homebuyer Tax Credit Program cannot be used with Welcome Home Programs.
- Minimum credit score of 620. (Applicants with credit scores of 659 or below must participate in housing counseling).
- Contact us for purchase price limits and other program details.
DSHA Home Again Repeat & First-Time Homebuyer Program
- If a borrower exceeds income limits for Welcome Home, this program is an option for them.
- Borrowers can use the First-Time Homebuyer Tax Credit Program; however Welcome Home income limits apply.
- Minimum credit score of 620. (Applicants with credit scores of 659 or below must participate in housing counseling).
- Contact us for purchase price limits and other program details.