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
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% 6.750%
FHA, USDA, VA 640 2% 8.250%
FHA, USDA, VA 640 3% n/a
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% 8.500%
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