Delaware First-Time Home Buyer Programs of 2021

Jan 1, 2021

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Buying a home is expensive, but first-time home buyers can use programs from the Delaware State Housing Authority, or DSHA, to put home ownership within reach.

First-time home buyers in Delaware can also take advantage of several national loan programs that feature relaxed credit score requirements or a lower minimum down payment. Explore all the options available for buying your first home in Delaware.

National first-time home buyer programs

Available through many mortgage lenders, these loans allow a lower credit score and smaller down payment, which can be helpful for first-time home buyers.

DSHA highlights and eligibility requirements

Qualified Delaware residents, including current homeowners, can use DSHA programs to make home buying more affordable.


  • Open to repeat and first-time home buyers.

  • All loans feature 30-year, fixed-rate terms.

  • Down payment and closing cost assistance available.

  • Tax credit available to first-time home buyers.


  • Household income and loan limits apply.

  • 620 minimum credit score.

  • Housing counseling required for some borrowers.

DSHA first-time home buyer loan programs

Summary: 2021 Delaware first-time home buyer programs

  • Preferred Plus loans with down payment and closing cost assistance.

  • An annual tax credit of up to $2,000 for first-time home buyers.

Now that you’ve been introduced to a few of the first-time home buyer programs available in Delaware, it’s time to take action. Visit the DSHA's "kiss your landlord goodbye" website to get more details on how these programs can help you.

Keep in mind that DSHA doesn’t approve loans or lend money directly; it relies on a network of participating lenders for that. When you’re ready to apply, reach out to one of these lenders to get started.

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