Rodney Debro DPA

What You Get

A grant, not another loan

DPA Advantage adds real cash toward your purchase — here's what makes it different from a second mortgage.

Grant equal to 2% or 3.5% of your purchase price
No repayment required, ever
No second lien placed on your property
Pairs with FHA 203(b) and many FHA renovation programs
Seller can cover up to 6% of your closing costs
Minimum qualifying credit score: 620
One simple process — I coordinate the application, approval, and funding for you

The Math

How it adds up to 100%

FHA lets you finance 96.5% of the price and asks for 3.5% down. With the 3.5% grant option, DPA Advantage covers that down payment — so the full purchase price is accounted for.

FHA loan covers96.5%

DPA grant covers your down payment+ 3.5%

Purchase price covered= 100%

And with the seller covering up to 6% of closing costs, you can walk in with $0 out of pocket — no down payment, nothing at the table.

Who Qualifies

See if this grant is for you

You may qualify if your household income is at or below 140% of the area median income, you're a first-time home buyer, and you fit one of these:

First ResponderPolice, fire, EMS, or similar — current, retired, or volunteer

EducatorTeachers and school staff

Medical PersonnelNurses, doctors, hospital & Red Cross workers

Civil ServantFederal, state, or local government

MilitaryActive, reserve, or veteran

Underserved AreaProperty in a qualifying census tract

You're planning to become one of the above roles

Don't see yourself above? You may still qualify — at minimum, your income and credit need to meet FHA's standard score card or manual underwriting requirements. I can check this for you in a few minutes.

Your Loan Officer

Let's find out together

Rodney Debro

Loan Officer, NEXA Lending

NMLS #82545

CALL919-215-8728 TEXT919-215-8728 EMAILrdebro@nexalending.com WEBrodneydebro.com