Park Place Collective
(619) 598-0686

Freedom Down Payment Assistance

A Fully Forgivable FHA Grant available through Joe Costa & Park Place Collective



Freedom to Own Your Home Starts Here
The Freedom Down Payment Assistance Program (Freedom DPA) removes one of the biggest barriers to homeownership: the down payment. Unlike other programs, Freedom DPA is fully forgivable—no payback, no second lien, no resale restrictions.

👉 Apply today to see if you qualify.

What Makes Freedom DPA Different?

Most down payment assistance programs come with strings attached: liens, payback requirements, or long holding periods before forgiveness.

Freedom DPA is different.

  • âś… 2.5% or 3.5% fully forgivable grant
  • âś… No lien, no payback, no restrictions
  • âś… Immediate forgiveness—walk away owing nothing

When you close, your down payment assistance is a grant, not a loan.

Program Highlights

  • Approved with AUS (DU/LP) and TBD Underwriting for added confidence
  • Manual Underwriting available from 580+ FICO
  • First-time homebuyers qualify (plus additional options for non-FTHBs)
  • On a $500,000 purchase, the loan balance after Freedom DPA = $482,500 (excluding UFMIP)

Why Agents & Builders Love It

  • TBD Underwriting strengthens offers before you’re even in contract
  • Multiple rate options with real discount pricing—not just one flat rate
  • 7.25% rate bucket often delivers the best value
  • Seller concessions + Freedom DPA help reduce cash-to-close
  • Builders can pair the program with forward commitments to attract buyers

How It Works

  1. Choose your grant amount: 2.5% or 3.5%.
  2. Qualify through AUS or Manual UW (580+ FICO).
  3. Strengthen offers with TBD Underwriting.
  4. Close confidently—your grant is fully forgiven at closing.

Who Qualifies?

  • First-time homebuyers (with additional options if not FTHB)
  • FHA-eligible borrowers meeting credit and property guidelines
  • Primary residence purchases
  • AUS-approved or manually underwritten borrowers (580+ FICO)

FAQ

Is Freedom DPA really forgivable?
Yes. It’s a grant—no payback, no lien, no restrictions.

What credit score is required?
Manual underwrites from 580+ FICO are allowed.

Can I combine this with seller concessions?
Yes, it’s highly recommended to maximize benefits.

Does it work with builders?
Yes. Builders can use forward commitments and concessions.

Call to Action

Ready to Get Started?
Get pre-qualified with Joe Costa and Park Place Collective. Fast, friendly guidance—no obligation.

👉 Visit www.freedomdpa.com or contact us today to see if you qualify.

Compliance Note

Program availability, pricing, and guidelines subject to change without notice. Not all applicants will qualify. All loans subject to credit approval, acceptable collateral, and FHA guidelines. Example scenario excludes UFMIP and other costs. Park Place Collective, NMLS #2571108, Equal Housing Opportunity.