Down Payment and Settlement Assistance (DPS) (DE)
New Castle County · New Castle County, Delaware
At a glance: Up to $15,000, repayable loan (monthly payments). First-time buyer: Required. Checked against the official page on Nov 3, 2026.
| Assistance type | Repayable loan — Monthly payments |
|---|---|
| Amount | Up to $15,000 |
| Income limit | Less than 80% of area median income |
| Purchase price limit | Not verified on the official page — check the source |
| First-time buyer rule | Required |
| Status | Offered |
| Status note | Not verified on the official page — check the source |
| Details | 0% interest 15-year loan; first three years deferred, then monthly payments. Property must be outside the City of Wilmington. Homeownership education required. |
| Official source | https://www.newcastlede.gov/DocumentCenter/View/50476/DPS-Fact-Sheet---2026 (opens in new tab) |
| Last checked | Nov 3, 2026 (manual read (site blocks automated fetch)) |
Go to the official program page ↗ Report a correction
Other Delaware programs
- Housing Delaware Down Payment & Closing Cost Assistance — Zero-interest second mortgage equal to 3%, 4% or 5% of the first mortgage
← All Delaware programs · Check eligibility · Compare with other programs
Common questions
How much is Down Payment and Settlement Assistance (DPS)?
Up to $15,000 (per the official page, checked Nov 3, 2026).
Is Down Payment and Settlement Assistance (DPS) a grant or a loan?
Repayable loan: monthly payments.
Do I have to be a first-time homebuyer for Down Payment and Settlement Assistance (DPS)?
Required.
What is the income limit for Down Payment and Settlement Assistance (DPS)?
Less than 80% of area median income.
How does Down Payment and Settlement Assistance (DPS) work?
0% interest 15-year loan; first three years deferred, then monthly payments. Property must be outside the City of Wilmington. Homeownership education required.
Is Down Payment and Settlement Assistance (DPS) still available in 2026?
The official page listed it as offered when we last checked on Nov 3, 2026. Funding can change, so confirm with the administrator.
Who runs Down Payment and Settlement Assistance (DPS)?
New Castle County, New Castle County, Delaware. Apply through the program or one of its participating lenders.
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