Kansas DPA Program Highlights
KansasDPA
KansasDPA | At-A-Glance
| AVAILABLE PROGRAMS | KansasDPA Program |
| QUESTIONS | Questions |
| ELLIGIBLE AREA | Eligible Areas |
| ELIGIBLE BORROWER(S) | No first-time buyer requirement |
| RATES | See Chart |
| DPA AVAILABLE | See Chart |
| LOAN TYPE | See Chart |
| INCOME LIMITS | Income Limits |
| PURCHASE LIMITS | There are no purchase price limits in this program. Follow Agency (FHA, USDA-RD, VA and Freddie Mac) guidelines for maximum loan limits. |
| TIMELINE REQUIREMENTS | 70 calendar days from loan reservation to loan purchase. Underwriter Certitied anytime prior to closing. |
| HOMEBUYER EDUCATION | Homebuyer Education |
| CO-SIGNORS | Co- Signor |
| PROGRAM GUIDELINES | Guidelines |
| PARTICIPATING LENDERS | Participating Lenders |
KansasDPA Bond
KansasDPA Bond | At-A-Glance
| AVAILABLE PROGRAMS | KansasDPA Bond Program |
| QUESTIONS | Questions |
| ELLIGIBLE AREA | Eligible Areas |
| ELIGIBLE BORROWER(S) | First-time buyer requirement for borrower and non-purchasing spouse |
| RATES | See Chart |
| DPA AVAILABLE | Non Repayable Grant |
| LOAN TYPE | FHA, USDA-RD and VA loans only |
| INCOME LIMITS | Income Limits |
| PURCHASE LIMITS | Purchase Price Limits |
| TIMELINE REQUIREMENTS | 60 calendar days from loan reservation to loan purchase. Underwriter Certified anytime prior to closing. |
| HOMEBUYER EDUCATION | Homebuyer Education |
| CO-SIGNORS | A co-signer is permitted to the extent allowed by applicable Agency. Treat co-signer income as directed by the Agency. A co-signer cannot have any ownership interest in the property (they cannot be on the mortgage and they cannot take title to the property). A co-signer cannot live in the property. |
| TARGETED AREAS | Targeted Areas |
| PROGRAM GUIDELINES | Guidelines |
| PARTICIPATING LENDERS | Participating Lenders |
Today’s Rates & Offerings [ Business Days 9:00am – 4:00pm CT ]
KansasDPA | Rates & Offerings
| KansasDPA BOND | |||||
| ONLY Target funds are available. Please check guidelines for qualifying areas. | |||||
| Offering | FICO | DPA | Lock Rate | ||
| FHA, USDA, VA | 640 | 4% | 6.280% | ||
| KansasDPA TBA GOVERNMENT | |||||
| Offering | FICO | DPA | Lock Rate | ||
| FHA, USDA, VA | 640 | 0% | 6.625% | ||
| FHA, USDA, VA | 640 | 2% | 7.625% | ||
| FHA, USDA, VA | 640 | 3% | 8.750% | ||
| FHA, USDA, VA | 640 | 4% | n/a | ||
| FHA, USDA, VA | 640 | 5% | n/a | ||
| KansasDPA TBA CONVENTIONAL – FREDDIE MAC HFA ADVANTAGE | |||||
| Offering | FICO | DPA | Lock Rate | ||
| Freddie Mac <= 80% AMI | 640 | 0% | 6.875% | ||
| 2% | 7.750% | ||||
| 3% | n/a | ||||
| 4% | n/a | ||||
| Freddie Mac OVER 80% AMI | 640 | 2% | 8.000% | ||
| 640 | 3% | n/a | |||
KansasDPA
KansasDPA | At-A-Glance
| AVAILABLE PROGRAMS | KansasDPA Program |
| QUESTIONS | Questions |
| ELLIGIBLE AREA | Eligible Areas |
| ELIGIBLE BORROWER(S) | No first-time buyer requirement |
| RATES | See Chart |
| DPA AVAILABLE | See Chart |
| LOAN TYPE | See Chart |
| INCOME LIMITS | Income Limits |
| PURCHASE LIMITS | There are no purchase price limits in this program. Follow Agency (FHA, USDA-RD, VA and Freddie Mac) guidelines for maximum loan limits. |
| TIMELINE REQUIREMENTS | 70 calendar days from loan reservation to loan purchase. Underwriter Certitied anytime prior to closing. |
| HOMEBUYER EDUCATION | Homebuyer Education |
| CO-SIGNORS | Co- Signor |
| PROGRAM GUIDELINES | Guidelines |
| PARTICIPATING LENDERS | Participating Lenders |
KansasDPA Bond
KansasDPA | At-A-Glance
| AVAILABLE PROGRAMS | KansasDPA Program |
| QUESTIONS | Questions |
| ELLIGIBLE AREA | Eligible Areas |
| ELIGIBLE BORROWER(S) | No first-time buyer requirement |
| RATES | See Chart |
| DPA AVAILABLE | See Chart |
| LOAN TYPE | See Chart |
| INCOME LIMITS | Income Limits |
| PURCHASE LIMITS | There are no purchase price limits in this program. Follow Agency (FHA, USDA-RD, VA and Freddie Mac) guidelines for maximum loan limits. |
| TIMELINE REQUIREMENTS | 70 calendar days from loan reservation to loan purchase. Underwriter Certitied anytime prior to closing. |
| HOMEBUYER EDUCATION | Homebuyer Education |
| CO-SIGNORS | Co- Signor |
| PROGRAM GUIDELINES | Guidelines |
| PARTICIPATING LENDERS | Participating Lenders |