Q&A · Down Payment Assistance
What's the difference between a combo and a 1% down grant?
One borrows the down payment; the other grants it.
| 100% Combo | 1% Down Grant | |
|---|---|---|
| Down payment source | Second lien (repayable or forgivable) | True grant — 2% free, nothing to repay |
| Your cash | $0 | 1% of price |
| Loan type | FHA | Conventional |
| Income cap | None | 80% of area median income |
| Starting equity | 0% | 3% |
If you can put 1% down and meet the income cap, the grant leaves you with real equity on day one. If you need $0 down or earn more, the combo is your path.
Want to see if you qualify? Send the 60-second eligibility form — your state, income range, and credit estimate. We'll match you to every program that actually fits. Check my eligibility →