National Homebuyers Fund (NHF) – Data Mortgage, Inc. dba Essex Mortgage Deferred Down Payment Assistance Program

Special Alert

Maximum Purchase Price

Inquire for Details

Contact Info: 1215 K Street, Suite 1650, Sacramento, CA 95814 866-643-4968


30-year balloon if the forgiveness has not occurred. High balance loans are not permitted. Subordination is not permitted. Lenders are responsible for ensuring income and purchase price limits are met.

Credit Score Requirements

Minimum Credit Score: 600 Each borrower must have at least one credit score.

Deferred Payments?


Accepted First Mortgage Type:

FHA 203(b), FHA 234(c)

Homeowners Education Class:


Is Forgivable?

Loan Forgiveness Feature Disclosure: Forgivable IF 1. loan has reached 10 yrs from Note date AND 2. a Repayment event has not occurred, AND 3. The borrower has continued to occupy the property as their primary residence.


2986 Counties, 41 Cities Nationwide except WA and NY.

Income Limitations:

Yes, based on Qualifying (1003) Income Up to 160% of SMI or AMI. Must meet agency guidelines. Please note income limit on the 92900-LT.

Maximum Assistance

3.5% of Purchase Price Up to 3.5% of the Sales Price or Appraised Value (lesser of).

Education Requirements Info:

At least one borrower must receive housing counseling from a HUD approved non-profit housing counseling agency.

Eligible Property Types:

Single Family Detached Condo Townhome/PUD Manufactured Home

Income By Household Size:

HH1HH2HH3HH4HH5HH6HH7HH8 $188,719$215,680$242,640$269,600$291,168$312,736$334,304$355,872 *Income limits as of 05/10/2023

Qualifying Ratios:

AUS required.