City of Wilmington HAP Program Update - Program suspended January 2012

City of Wilmington HAP program has been suspended indefinitely and doesn't appear that it will come back. The HAP program provided up to $10,000 for down payment and closing cost assistance for purchasing vacant homes in the zip codes 19801, 19802, & 19805. The City of Wilmington has given any people with current reservations of funds 60 days from the reservation to close the loan or they lose the money.

The City of Wilmington has stated that they will not be renewing the program and have directed prospect home buyers in Wilmington, Delaware that need down payment assistance to look at the State of Delaware mortgage revenue bond program which is commonly called the Delaware Bond Program. This program provides up to $10,000 as a a second mortgage for first time home buyers only that meet the income restrictions for the program. If you would like more information on the Delaware First time home buyer program through the state of Delaware you can call John R. Thomas at 302-703-0727, John is the branch manager for Primary Residential Mortgage which is one of the preferred lenders authorized for the Delaware Mortgage Revenue Bond Program for first time home buyers as well as the Delaware SMAL loan for down payment assistance.

If you need to be pre-approved for a Delaware mortgage loan or Delaware first time home buyer program, call 302-703-0727 or APPLY ONLINE NOW.

John R. Thomas
Certified Mortgage Planner - NMLS 38783
Primary Residential Mortgage
248 E Chestnut Hill Rd
Newark, DE 19713
302-703-0727 Office
www.DelawareMortgageLoans.net