Orion Lending is dedicated to removing the biggest barrier to homeownership: the down payment. Our DPA suite allows you to offer 100% financing solutions with flexible credit requirements and streamlined in-house processing.

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WHY DOWN PAYMENT ASSISTANCE LOAN STANDS OUT

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Orion’s DPA programs provide more than just a loan; they provide a path to a "Yes" when other lenders walk away.

• Manual Underwriting Excellence: Unlike most lenders, Orion allows for Manual Underwriting on DPA products, giving you a secondary path for unique credit profiles.
• Forgivable Second: Our Boost Down Payment Assistance™ and Aurora programs feature second liens that are forgiven after a set period of on-time payments, essentially turning the assistance into a gift.
• No Repayment Grants: The Elevate program offers a grant for FHA and Conventional loans that requires no second lien or repayment ever.
• Buydown Compatibility: We offer 1/0 and 2/1 buydowns on FHA and USDA DPA, helping borrowers lower their initial monthly payments in a high-rate environment.
• Zero Interest Seconds: Many of our second lien options come with a 0% interest rate and no monthly payments due.

key benefits for brokers

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Leverage these program strengths to close more files and build stronger realtor relationships:

• Capture More Leads: Market to the millions of renters who have the income to qualify but lack the savings for a down payment.
• No Secondary Approvals: Because we underwrite in-house, you don't have to wait for a third-party agency to sign off on your file.
• Versatile Comp Models: Both Borrower and Lender Paid Compensation are available on select DPA products.
• Property Variety: Financing is available for 1-4 unit primary residences, doublewide manufactured homes, and even properties with solar improvements.
• Non-Occupant Co-Borrowers: Use the income of a family member to help the borrower qualify on Aurora and Boost programs.

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IDEAL CANDIDATES FOR DOWN PAYMENT ASSISTANCE LOAN

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Down Payment Assistance Loan empowers:

• Borrowers have the income for a monthly mortgage but lack the liquid savings for a down payment.
• Clients want to purchase a home without spending their own cash for closing costs.
• Homebuyers have moderate credit scores (600-640) and need a flexible underwriting approach.
• Repeat buyers want to purchase a new primary residence without being restricted by first-time buyer rules.
• Borrowers exceed standard income limits but still require 100% financing.
• Clients are looking for a forgivable second lien that rewards them for on-time payments.
• Buyers want to purchase a multi-unit property (up to 2 units) while using assistance funds.
• Families want to use a non-occupant co-borrower to strengthen their debt-to-income ratio.

Get Approved

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Partner with the best lender in the galaxy.

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Orion Lending is here to assist brokers and borrowers nationwide. Start the journey with a program built to close faster, fund smarter, and help more people into homes.

Start the application process.