Second Lien DPA

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Second Lien Down Payment Assistance Program

If you are securing a first lien with Freddie Mac Home Possible or Fannie Mae Home Ready loan products, you could be eligible for our second lien DPA program.

This Program Offers a 3% Second Lien that can be Applied Toward Closing Costs or Down Payment.

Second Lien DPA Qualifying Requirements:

  • Minimum FICO score of 620
  • Minimum financial investment of $500 from borrower's own funds
  • Purchases of primary residences only
  • Homebuyer education course is required
  • Residence must be located in an eligible county
  • Minimum of 3 open and active tradelines, with greater than 12 months of history
  • Must have at least one 12-month housing history tradeline

Consult your Guardian Mortgage loan originator for details. Certain terms and restrictions apply. Program available only to qualified borrowers. Program subject to change without notice. Underwriting terms and conditions apply. Loan subject to credit review and approval. Program only available in eligible areas.