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Delaware Mortgage Program

Our mortgages are simple and affordable. DSHA offers 30-year, fixed-rate loans with interest rates that are often at or below standard market rates for qualified buyers—helping you save more over time. Income limits are based on your household’s size and the county you are purchasing your home in.

We work with a variety of loan types, including conventional, FHA, VA, and USDA, so you can choose the option that fits your situation best. No matter where you are in your homebuying journey, DSHA is here to help you take the next step with confidence!

Your path to homeownership starts with Welcome Home

Designed for first-time homebuyers, this program offers below-market interest rates plus down payment and closing cost assistance to help you buy with confidence.

Qualifications:                                                                                        

  • First-time homebuyer
  • Minimum credit score of 620. (Applicants with credit scores of 659 or below must participate in housing counseling)
  • Income and sales price limits apply
Schedule an AppointmentStart an Application




Welcome Home Programs

First mortgage loan with no down payment and closing costs assistance.

Zero-interest second mortgage equal to 3% of the first mortgage loan amount for down payment and closing costs assistance. No monthly payment required. Payment is deferred until the following events (whichever comes first): refinance, sale of home, transfer of title, or property is no longer used as a primary residence.

Zero-interest second mortgage equal to 4% of the first mortgage loan amount for down payment and closing costs assistance. No monthly payment required. Payment is deferred until the following events (whichever comes first): refinance, sale of home, transfer of title, or property is no longer used as a primary residence.

Zero-interest second mortgage equal to 5% of the first mortgage loan amount for down payment and closing costs assistance. No monthly payment required. Payment is deferred until the following events (whichever comes first): refinance, sale of home, transfer of title, or property is no longer used as a primary residence.

Minor repairs needed? This loan is for you! Must qualify for the FHA 203(k) limited program. Zero-interest second mortgage equal to 5% of the first mortgage loan amount used for down payment and closing costs assistance. No required monthly payment. Payment is deferred until the following events (whichever comes first): refinance, sale of home, transfer of title, or property is no longer used as a primary residence.

Welcome Home Income Limits


Open Door

Open Door expands homeownership opportunities for both first-time and repeat buyers.              

Qualifications:                                                                                                                                                                   

  • Minimum credit score of 620. (Applicants with credit scores of 659 or below must participate in housing counseling)
  • Income and sales price limits apply

Open Door Programs

First mortgage loan with no down payment and closing costs assistance.

Zero-interest second mortgage equal to 3% of the first mortgage loan amount for down payment and closing costs assistance. No monthly payment required. Payment is deferred until the following events (whichever comes first): refinance, sale of home, transfer of title, or property is no longer used as a primary residence.

Zero-interest second mortgage equal to 4% of the first mortgage loan amount for down payment and closing costs assistance. No monthly payment required. Payment is deferred until the following events (whichever comes first): refinance, sale of home, transfer of title, or property is no longer used as a primary residence.

Open Door Income Limits

Purchase Price Limits for Single-Family Homes

What are targeted areas?

Targeted areas are specific locations identified to help expand homeownership opportunities. These areas are designated based on community needs and may offer additional flexibility or benefits for homebuyers. Targeted areas matter because if you purchase a home in a targeted area, you may be eligible for higher income limits, sales price limits and flexible program requirements.

You can use this link to determine if the home you’re interested in is located in a targeted area: click link here.

Targeted areas include the following Census Tracts:

0006.02 0019.02 0021.00

0023.00 0029.00 0030.02

0425.00

0505.03 0507.11

Welcome Home Income Limits in Targeted Areas

Purchase Price Limits for Single-Family Homes in Targeted Areas