ReShawna Leaven, RealtorĀ® ~ VA, MD & DC
Keller Williams Realty

Keller Williams Realty
Alexandria
6408 Grovedale Drive, Suite#101 Alexandria VA 22310

DC Open Doors Program


The DC Open Doors program has been created by the District of Columbia Housing Finance Agency. 

Highlights about DC Open Doors Program

  • Low Interest Rates
  • First Time Home Buyer or Repeat Home Buyer
  • All DC Properties Eligible - see homes for sale in D.C. - Click here
  • $417,000 Maximum Loan Amount

FHA

  • Down Payment 3.5% (BORROWER CONTRIBUTES DOWN PAYMENT AMOUNT)
  • Maximum Income - $125,580
  • Credit Score Minimum - 640
  • No Homeownership Education Requirement

FHA Plus

  • Down Payment 3.5% (FINANCED DOWN PAYMENT) 
  • Maximum Income - $125,580
  • Credit Score Minimum - 640
  • No Homeownership Education Requirement

FHA 203K Streamline

Conventional

  • Down Payment 3% (BORROWER CONTRIBUTES DOWN PAYMENT AMOUNT)
  • Maximum Income - $125,580
  • Credit Score Minimum - 680
  • Homeownership Education Required

Conventional with Down Payment Assistance

  • Down Payment 3% (FINANCED DOWN PAYMENT) 
  • Maximum Income - $125,580
  • Credit Score Minimum - 680
  • Homeownership Education Required

*DCHFA’s down payment assistance is a 0%, non-amortizing, subordinate loan due upon sale, refinance or the borrower no longer occupying the property as a primary residence within the first 5 years. The DPA loan is a 5 year fully forgivable loan (20% forgiveness annually). The DPA loan is subject to an owner occupancy requirement