DC Open Doors

Zero down payment purchase financing in Washington DC that most people qualify for.  And it’s easy!  New income cap for 2022: $154,800 (based on applicant qualifying income, not household income).  Maximum loan amount for 2022 $647,200.

Watch the video for more information!

The DC Open Doors loan provides zero down payment financing to purchasers in Washington DC.  The program lends the required down payment to the purchaser, which is eventually repaid (with no interest due) when the homeowner sells, moves out, or refinances their mortgage. Both conventional and FHA financing options are available, which means that the program will cover either the required 3% (conventional) or 3.5% (FHA) down payment.  Also, on the conventional DC Open Doors Program, the purchaser is eligible for a reduction in their mortgage insurance payments!  MI reduction is applicable if your income is under 80% of area median income, which in 2022 is $102,240.


New in September 2019: Prior to September 2019, the down payment assistance loan was forgiven after 5 years residency.  The city, in order for them to reduce the interest rate that comes with the mortgage that’s paired with the down payment assistance, has made the down payment assistance loan repayable.  This loan is now repaid (with no interest) when you sell, move out, or refinance.  When the city enacted this change, it reduced the program’s mortgage interest rate by .5%.

You can also consider participating in the program, and forego the down payment assistance loan and therefore be offered a lower interest rate. Should you wish to forego the down payment assistance, on a conventional loan the minimum down payment is 3%, and on an FHA it is 3.5%.  I can help you determine whether the FHA, or the conventional, loan is the right program for you!

Typically the first step is setting up an initial phone call to review available loan programs and your basic finances.  The goal is to establish the best financing structure for your purchase and determine an appropriate price range for your search.  You’re welcome to set an appointment with me by clicking this link: Calendly


Pre-Qualify Now: https://ajaffe.firsthome.com/startapp

[email protected] 240 – 479 – 7658


For the conventional DC open doors loan, there is a first time buyer class requirement.  You may complete it here:


When it asks, your home buyer education code is [email protected]


After a 16 month suspension this program is re-opening for new contracts beginning 6/6/22: Eligible first time buyers can also acquire a mortgage credit certificate, or MCC, which will rebate 20% of their mortgage interest as a federal income tax credit. This reduces the effective interest rate by a fifth. Learn more: https://www.alexjaffe.com/mcc.

The city also offers the DC4Me program which is a part of the DC open doors program, and is for DC government employees, and reduces the interest rate of the DC open doors loan.  DC4Me however cannot be combined with the MCC, and the loan amount is capped at $548,250 & sales price $565,300.