Putting homeownership within reach
Get closer with a grant of $2,500 or $5,000 in select areas, plus a low down payment.
Homebuying benefits from Chase
Grant of $2,500 or $5,000
If you qualify in select areas across the country, our Chase Homebuyer Grant provides $2,500 or $5,000 that's first applied to lower the interest rate, then applied to Chase fees or other fees; remaining funds can be applied toward the down payment on applicable loans. Use the homebuyer assistance finder below for more details.
Guaranteed on-time closing or get $5,000
We promise an on-time closing for eligible products in as soon as three weeks or you'll get $5,000, if you qualify.
Find savings now
Enter property and household information in the Homebuyer Assistance Finder below to see if there’s an exclusive Chase Homebuyer Grant or closing benefit available. Contact a Home Lending Advisor to learn more about the programs you matched with and get help starting your application.
Low down payment options to help you buy a home
Chase DreaMaker℠ mortgage: 3% down payment
Our DreaMaker mortgage has a low down payment option, flexible credit guidelines and income limits.
Federal Housing Administration (FHA),: 3.5% down payment
An FHA loan has low down payment options, and with no income limits and flexible credit guidelines, it may be easier to qualify.
Standard Agency mortgage: 3% down payment
A Standard Agency loan is a good option for people with higher credit scores and who may not need a low down payment.
Veterans Affairs (VA) loan: Down payment as low as 0%
A VA loan offers low or no down payment options and has no monthly mortgage insurance requirement.
Take the first step of preapproval
Frequently asked questions
Yes, we offer DreaMaker, Federal Housing Administration (FHA) and Veterans Affairs (VA) loans that offer low down payment options with flexible credit score requirements. In addition, you may qualify for a Chase Homebuyer Grant $2,500 or $5,000 that can be used to lower your closing costs and/or down payment (dependent on product requirements). Qualifying housing and down payment assistance programs may be available in your area. Ask a Home Lending Advisor to learn more.
We offer qualified customers grants $2,500 or $5,000 available on DreaMaker, Standard Agency, Federal Housing Administration (FHA) and Veterans Affairs (VA) products when purchasing a primary residence where the property is located in an eligible census tract. The grant can be used toward discount points, closing costs, and/or down payment (dependent on product requirements).
There's no set amount. Today, there are many loan products that can be tailored to fit your needs and financial resources. Keep in mind that for down payments of less than 20% on conventional loans, private mortgage insurance (PMI) will be required.
We offer competitive rates with lower monthly payment options on DreaMaker, Federal Housing Administration (FHA), Veteran Affairs (VA) and Standard Agency loans.
Homebuyer education is required for the DreaMaker loan if all occupying borrowers on the application are first-time homebuyers. At least one of the occupying borrowers must complete the education before closing.
Yes, there are community-specific programs that may help with your down payment and closing costs. Learn more online or ask a Home Lending Advisor about your options.
Home Affordability Calculator,
Estimate how much home you can afford with our affordability calculator. Simply enter your monthly income, expenses and expected interest rate to get your estimate. Adjust the loan terms to see your estimated home price, loan amount, down payment and monthly payment change as well. Once you find the price you can afford, contact a Home Lending Advisor or go to your local branch to get started.
Welcome to your homebuying learning center
Boost your “homebuyer know-how” as you listen, read and learn with these valuable tips for your homebuyer journey. We cover everything from finding a home and loan, to comparing neighborhoods and getting help with down payments and other costs.
Award-winning podcast
Helpful articles
Compare cities
Beginner to Buyer: A podcast
Listen in and get answers to your homebuying questions on our Beginner to Buyer podcast series hosted by Nadeska Alexis.
You bought a home. Now what?
Bought your first home? Congratulations! Tune in to the final episode of Beginner to Buyer Season 1, to learn what happens financially — and emotionally — after your big purchase.
Check out select episodes in Spanish
Build your homebuying confidence with the Beginner to Buyer podcast as host Nadeska Alexis sits down with experts to get their top tips for every stage of the journey.
A beginner's guide to FHA loans
An FHA loan could make it easier to realize your dream of homeownership. Read our article to understand how they work and how to get one.
Ways to get assistance with your down payment
If you dream of owning a home but can’t afford the down payment, there are grants and loans that may help. Learn more about them here.
How homeowners associations work
Read our detailed guide on how homeowners associations work and the pros and cons of buying a house with an HOA.
What to expect on closing day
Watch our City vs. City series with Ryan Serhant to see a comparison of homes that could be even more affordable with low down payments and grants.
