See programs you qualify for
Get Matched Free →Southern Bancorp Wealth Builders DPA Program
Funding status: Active
How much assistance
Up to $12,000
Zero percent interest rate with zero monthly payments. Staggered loan forgiveness at 20% per year. Fully forgiven after 5 years if all criteria are met.
Eligibility
- Income limits: Focused on low-to-moderate income (LMI) homebuyers, minority families, and traditionally underserved communities. Contact Southern Bancorp for specific income limits.
- First-time buyer required: No
- Geographic restrictions: Available in Arkansas and Mississippi through Southern Bancorp banking footprint.
- Homebuyer education required: Yes
How to Apply for Southern Bancorp Wealth Builders DPA Program
Contact Southern Bancorp to begin the application process. Borrowers receive HUD-approved homebuyer education through Southern Bancorp Community Partners HUD-certified housing counselors as part of the program.