Down Payment Assistance Services

Flexible Programs to Support Homeownership

At AmPledge, we empower individuals and families to achieve homeownership by addressing key financial barriers. Our Down Payment Assistance (DPA) services complement our core mission of providing the Five-Year Hardship Safety Net Escrow Service, offering additional tools to meet the needs of our partners and the communities they serve.

AmPledge provides customizable DPA programs for banks, mortgage lenders, housing agencies, and corporations. Whether as a standalone service or bundled with our hardship escrow, these programs are tailored to align with your goals and benefit aspiring homeowners.

What We Offer

  • Customizable DPA Programs

    Designing and implementing DPA initiatives that address specific objectives, such as:

    • Expanding homeownership in underserved communities.

    • Supporting workforce housing initiatives.

    • Meeting compliance with HUD, FHFA, CRA, or Fair Lending guidelines.

    We customize each program to your organization’s needs, whether targeting specific census tracts, structuring affordable second liens, or creating employer-backed housing solutions.

  • Program Facilitation

    As a HUD-approved nonprofit, AmPledge manages every aspect of the DPA process, including:

    • Educating and counseling applicants.

    • Administering and disbursing funds.

    • Ensuring compliance with federal, state, and local regulations.

    Our team stays actively involved to support participants and provide expert guidance throughout the process, ensuring that you have the confidence your program is running smoothly and efficiently.

Who We Serve

  • AmPledge supports banks in meeting their Community Reinvestment Act (CRA) and Fair Lending goals by providing Down Payment Assistance programs that align with their objectives. For banks offering Special Purpose Credit Programs (SPCPs), our safety net escrow services can be integrated to mitigate performance risk and ensure stability for these loans.

    We offer targeted solutions that help banks serve specific census tracts or underserved communities while improving loan performance and addressing regulatory needs.

  • We partner with mortgage lenders to overcome down payment barriers, helping aspiring homeowners qualify for affordable loans. Our DPA programs can be structured as affordable second liens or other formats that meet your lending strategies.

  • AmPledge collaborates with government housing agencies to create DPA programs that stabilize communities and improve access to affordable housing. We work at the national, state, and local levels to ensure these programs address the specific needs of your population.

  • For employers seeking to invest in workforce housing solutions, AmPledge provides employee-focused DPA programs. These initiatives make homeownership more attainable and serve as a valuable addition to your benefits package.

Flexible Pricing

AmPledge offers DPA services as part of a broader partnership or as a standalone service:

Hardship Escrow Service Only: 1% of the home’s sales price.

DPA Services (Standalone): Negotiable fee based on program scope.

DPA Services (Bundled): Add to the hardship escrow package for an additional 0.35% of the home’s sales price.

This pricing structure allows you to select the solution that best fits your needs and budget while ensuring maximum impact for homeowners.

Why Choose AmPledge?

Our focus is on empowering homeowners and meeting the goals of our partners. By working with AmPledge, you gain:

• Tailored programs designed for your organization’s priorities.

• Expert facilitation that simplifies the process for you and your applicants.

• A trusted partner committed to supporting homeownership in a way that strengthens communities and organizations alike.

Let’s Build Together

Partner with AmPledge to create Down Payment Assistance programs that make a real difference. Whether you’re a bank, lender, housing agency, or employer, we’ll help you design solutions that expand access to homeownership and achieve your objectives.