Pathway DPA Program

Pathway DPA is a down payment assistance program that provides financial assistance to homebuyers for down payments and closing costs.

It’s designed to make homeownership more accessible, especially for those with lower credit scores.

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Product highlights

  • 30-year fixed FHA first mortgage
  • 580 minimum credit score
  • No income limits
  • No first-time homebuyer requirement
  • Single Family Residence, Townhome, HUD, Condo, and Manufactured homes
  • Down Payment Assistance 2nd mortgage
    • Choose 3.5% or 5% assistance, based on lower of purchase price or appraised value
    • Second loan is a 10-year fixed rate loan
    • Pricing for second is 2% higher than the primary
  • Manual Underwriting Availalble
  • Available in all states excluding NY

Borrower advantages

  • Flexible Eligibility: Available to buyers with credit scores as low as 580, with no income limits or first-time homebuyer requirement.
  • Affordable Assistance: 3.5% or 5% second mortgage at a fixed rate only 2% higher than the primary loan; more affordable than many DPA options.
  • Covers More Costs: Assistance can be used toward down payment, closing costs, or to buy down the interest rate.

Realtor advantages

  • More Qualified Buyers: Helps buyers with limited savings or moderate credit scores enter the market confidently.
  • Faster Closings: Streamlined, in-house program allows for a smoother and quicker transaction process.
  • Expanded Reach: Makes homeownership attainable for a wider range of clients, opening up new sales opportunities.

FAQs

Pathway DPA is designed to help buyers move forward sooner by providing assistance toward down payment and closing costs.

Not always. While it’s popular with first-time buyers, repeat buyers may also qualify depending on program guidelines.

Some assistance programs may have slightly adjusted rates — we’ll walk you through the trade-offs so you can decide what works best for you.

It’s a great option if saving for a down payment is the main thing standing between you and homeownership.

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