Best of
Delaware State Housing Authority Lenders of 2020
Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own.
The Delaware State Housing Authority, or DSHA, offers programs to make homeownership more affordable. Here are some of our picks for top DSHA mortgage lenders.
DSHA loans, paired with down payment and closing cost assistance, can reduce the upfront costs of buying a home.
To access these programs, you’ll need to work with a Delaware State Housing Authority participating lender. The DSHA maintains a list of participating lenders on its website, although it does not endorse lenders.
NerdWallet has reviewed some DSHA participating lenders and listed our top selections across several categories below. We’ve also included some participating lenders that aren’t rated by NerdWallet but are among the most active mortgage originators for the DSHA.
DSHA loans, paired with down payment and closing cost assistance, can reduce the upfront costs of buying a home.
To access these programs, you’ll need to work with a Delaware State Housing Authority participating lender. The DSHA maintains a list of participating lenders on its website, although it does not endorse lenders.
NerdWallet has reviewed some DSHA participating lenders and listed our top selections across several categories below. We’ve also included some participating lenders that aren’t rated by NerdWallet but are among the most active mortgage originators for the DSHA.
Summary of Delaware State Housing Authority Lenders of 2020
| Lender | NerdWallet Rating | Minimum Credit Score | Minimum Down Payment | Learn More |
|---|---|---|---|---|
Best for veterans | 620 | 3% | Read review | |
Best for mobile convenience | 620 | 3% | at Fairway | |
Best for mobile convenience | 620 | 3% | Read review | |
Best for borrowers with low or limited credit | 700 | 3% | at New American | |
Best for borrowers with low or limited credit | 620 | 3% | Read review |
Caliber: NMLS#15622
Min. Credit Score
Min. Down Payment
at Fairway
Fairway Independent Mortgage: NMLS#2289
Min. Credit Score
Min. Down Payment
at Fairway
Guaranteed Rate: NMLS#2611
Min. Credit Score
Min. Down Payment
at New American
New American Funding: NMLS#6606
Min. Credit Score
Min. Down Payment
National / Regional
at New American
PrimeLending: NMLS#13649
Min. Credit Score
Min. Down Payment
More DSHA participating mortgage lenders
These participating lenders are among the highest-volume mortgage providers for the DSHA, but they haven’t been reviewed by NerdWallet.
Offers a variety of home purchase and refinance loans.
Allows borrowers to request a customized rate quote and apply online.
Has four offices in Delaware.
Offers loans with down payments as low as 3%, as well as renovation loans.
Doesn’t have an online application or rate information.
Has five branches in Delaware.
Allows borrowers to apply for a mortgage online.
Doesn't publish mortgage rates on its website.
Options include FHA and VA loans.
Offers a wide variety of mortgage types.
Lets borrowers start a mortgage application online.
Has two mortgage offices in Delaware.
Offers a variety of mortgages, including renovation and construction loans.
Borrowers can begin a preapproval application online.
Has one office in Delaware.
More from NerdWallet:
Last updated on January 21, 2020
Methodology
NerdWallet's selection of mortgage lenders for inclusion here was made based on our evaluation of the products and services that lenders offer to consumers who are actively shopping for the best mortgage. The six key areas we evaluated include the loan types and loan products offered, online capabilities, online mortgage rate information, customer service and the number of complaints filed with the Consumer Financial Protection Bureau as a percentage of loans issued. We also awarded lenders up to one bonus star for a unique program or borrower focus that set them apart from other lenders. To ensure consistency, our ratings are reviewed by multiple people on the NerdWallet Mortgages team.To recap our selections...
NerdWallet's Delaware State Housing Authority Lenders of 2020
- Caliber: Best for veterans
- Fairway Independent Mortgage: Best for mobile convenience
- Guaranteed Rate: Best for mobile convenience
- New American Funding: Best for borrowers with low or limited credit
- PrimeLending: Best for borrowers with low or limited credit
