29-07-2025
45 new assistance programs launched during Q2 2025, bringing the total number of nationwide programs to a record-breaking 2,554
- Down payment assistance, with an average benefit of $18,000, remains a bright spot for the nation's homebuyers, with more programs supporting a variety of needs, income levels and property types -
ATLANTA, Ga., July 29, 2025 (SEND2PRESS NEWSWIRE) — Down Payment Resource (DPR), the housing industry authority on homebuyer assistance program data and solutions, today released its Q2 2025 Homeownership Program Index (HPI) report. The report finds 45 new programs launched in Q2, traditionally the busiest homebuying season, bringing the total number of available programs to 2,554 — a new record — and the number of program providers to 1,340.
Down payment assistance (DPA) can be used by lenders to lower a homebuyer's loan-to-value (LTV) ratio by an average of 6%, helping them qualify more of their mortgage-ready buyers. In addition to down payments, many DPA programs can help with closing costs, prepaid expenses, buying down the mortgage interest rate, and even lessening mortgage insurance expenses. In some cases, buyers can combine multiple programs for even greater savings. This assistance is vital as the median home price in the U.S. increased to $369,000 in Q2 2025, from $350,275 in Q1, while the average 30-year fixed mortgage rate for the quarter was 6.82%.
'With home prices rising and interest rates still hovering close to 7%, prospective homebuyers are feeling the pinch heading into the summer, traditionally a very active homebuying season,' said Rob Chrane, founder and CEO of DPR. 'Even with these market headwinds, we are heartened to find more assistance programs than ever—at least one in every U.S. county and 2,000 counties with 10 or more—helping lenders qualify eligible buyers and close more loans in this tough market.'
KEY Q2 2025 HPI REPORT FINDINGS
An examination of the existing 2,554 homebuyer assistance programs on July 3, 2025, resulted in the following key findings:
A more detailed analysis of the Q2 2025 HPI findings, including infographics and examples of the programs described in this release, can be found on DPR's website at:
For a complete list of homebuyer assistance programs by state, visit:
Members of the media are encouraged to contact DPR for data specific to their reporting needs.
METHODOLOGY
Published quarterly, DPR's HPI surveys the funding status, eligibility rules and benefits of U.S. homebuyer assistance programs administered by state and local housing finance agencies, municipalities, nonprofits and other housing organizations. DPR communicates with over 1,300 program providers throughout the year to track and update the country's wide range of homeownership programs, including down payment and closing cost programs, Mortgage Credit Certificates (MCCs) and affordable first mortgages, in the DOWN PAYMENT RESOURCE® database.
About Down Payment Resource:
Down Payment Resource (DPR) is the housing industry authority on homebuyer assistance program data and solutions. With a database that tracks more than 2,500 programs and toolsets for mortgage lenders, multiple listing services (MLSs) and API users, DPR helps housing professionals connect homebuyers with the assistance they need. DPR frequently lends its expertise to nonprofits, housing finance agencies, policymakers, government-sponsored enterprises and trade organizations seeking to improve housing affordability. Its technology is used by seven of the top 25 mortgage lenders, the three largest real estate listing websites and 600,000 real estate agents. For more information, visit
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NEWS SOURCE: Down Payment Resource
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MEDIA ONLY CONTACT:
(not for publication online or in print)
Elizabeth Schroeder
Depth for Down Payment Resource
209.774.6555
[email protected]
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Keywords: Mortgage, Down Payment Resource, Q2 2025 HPI Report, housing market, CEO Rob Chrane, homebuyer assistance program data and solutions, ATLANTA, Ga.
This press release was issued on behalf of the news source (Down Payment Resource) who is solely responsibile for its accuracy, by Send2Press® Newswire. Information is believed accurate but not guaranteed. Story ID: S2P128066 APNF0325A
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