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Get Matched Free →New Castle County Down Payment Settlement Program
Funding status: Active
How much assistance
Up to $5,000 (minimum $1,000)
Zero-interest loan with an 8-year term. First 3 years are a deferral period with no payments required.
Eligibility
- Income limits: At or below 80% of area median income for New Castle County, adjusted for family size per HUD guidelines.
- Purchase price limit: $379,500
- First-time buyer required: Yes — Must not have owned a principal residence in the previous 3 years.
- Geographic restrictions: Properties must be located in New Castle County, outside the City of Wilmington.
How to Apply for New Castle County Down Payment Settlement Program
Contact New Castle County Department of Community Services to apply. Minimum borrower cash contribution of $500 required.
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