Funding Amount

$75 million bond funding available

Deadline

Rolling / Open

Grant Type

foundation

Overview

Home Again Mortgage Program

Administrator: Delaware State Housing Authority (DSHA)

Overview:
Competitive mortgage program for repeat homebuyers and those who do not qualify for the Welcome Home program. Offers below-market interest rates through the Smart Start Home Loan Program.

Eligibility:

  • Homebuyers who do not meet Welcome Home qualifications

  • Repeat homebuyers (those who have owned a primary residence within the past 3 years)

  • Must meet income limits

  • Minimum credit score: 620

  • Delaware resident
  • Financing Options:

  • Conventional financing

  • FHA financing

  • VA financing

  • USDA financing

  • Discounted mortgage rates (in some cases as low as 5.5%)
  • Combination with Down Payment Assistance:
    Can be combined with DSHA down payment assistance programs:

  • Home Sweet Home (zero-interest forgivable second loan of $12,000 for homes up to $285,000)

  • Delaware Diamonds Home Loan (zero-interest forgivable second loan of $10,000 for qualifying professions)

  • First State Home Loan (zero-interest second loan providing 3% of first mortgage)
  • Geographic Scope: Statewide

    Funding: $75 million single-family bond (first issued by DSHA since 2013)

    Contact Information:
    Delaware State Housing Authority
    Phone: (302) 739-4263 or (888) 363-8808
    Email: dsha_contactdsha@delaware.gov
    Website: https://kissyourlandlordgoodbye.com/

    Additional Support:

  • HUD-approved housing counseling available

  • Participating lender network throughout state
  • How to Apply

    Application Process

    1. Verify Eligibility:
    - Confirm repeat homebuyer status or other qualification criteria
    - Review income limits on DSHA website
    - Verify minimum credit score of 620

    2. Optional Housing Counseling:
    - Find HUD-approved housing counselor at: https://kissyourlandlordgoodbye.com/housing-counselors/
    - Counselors available to assist if credit improvement needed

    3. Work with Participating Lender:
    - Select from DSHA's participating lender network: https://kissyourlandlordgoodbye.com/lenders/
    - Lender guides through mortgage application process

    4. Down Payment Assistance:
    - Determine program eligibility (Home Sweet Home, Delaware Diamonds, First State Home Loan)
    - Coordinate with lender

    Income Limits and Specific Requirements:
    Available at https://kissyourlandlordgoodbye.com/

    Detailed application procedures should be obtained directly from participating lenders or DSHA.

    Focus Areas & Funding Uses

    Fields of Work

    affordable-housinghousing

    Categories

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