Receive
$3,000 in downpayment assistance
First-time homebuyers can receive $3,000 in down payment/closing cost assistance based on Area Median Income and other eligibility criteria through the Freddie Mac BorrowSmart AccessSM program offered by Delmar Mortgage.
Since our doors first opened on Delmar Blvd in 1966, Delmar Mortgage has remained committed to building better communities through empowered home ownership. Freddie Mac BorrowSmart Access aims to bridge the housing gap between historically underserved communities and opportunities for financial health and generational wealth.
Find your local Loan Officer to get started on your application today.
Program Requirements
- 620 credit score.
- 3% down (can be covered in whole or in part by the credit.)
- Must meet area income requirements. At least one borrower must be a first-time buyer.
- Homebuyer counseling required through Freddie Mac BorrowSmart Access
- 1 or 2-unit primary residence and owner-occupied.
- Must reside within one of the eligible metropolitan markets:
FAQs
Start by reaching out to your local Loan Officer. After a brief consultation they will be able to provide you with your eligibility status.
No, the downpayment assistance received is not a loan, and therefore no repayment is required.
Award-Winning Employer
Delmar Financial Company | Delmar Mortgage
NMLS: #30998
1066 Executive Parkway, Suite 100, St. Louis MO, 63141
Delmar Mortgage is an Equal Housing Lender
Toll Free: (888) 866-8734
Mon – Sat: 8:45 AM – 5:15 PM CST
This site is not authorized by the New York State Department of Financial Services. No mortgage solicitation activity or loan applications for properties located in the State of New York can be facilitated through this site.
We are licensed in 42 states:
QUICK LINKS:
Delmar Mortgage â’¸ 2025
Delmar Mortgage â“’ 2022