Are all first trust types eligible in the program?

DPCC loans may be used in conjunction with several first trust products, such as Conventional, FHA, VA or VHDA. Other types will be subject to program approval. Subprime or ARM mortgage products are ineligible for the program.

Show All Answers

1. Who is qualified to apply for the program?
2. What are the terms of the loan?
3. The buyer is also participating in the Affordable Dwelling Unit (ADU) Purchase program. Can they use the DPCC program in conjunction with the purchase?
4. Are all first trust types eligible in the program?
5. How much cash does the borrower have to bring to closing?