Shelby County
Down payment assistance in Memphis
Understand the programs that can help bridge the gap between your savings and the upfront cost of a home.
The basics
Understanding Shelby County down payment assistance
Down payment assistance programs help eligible buyers cover some or all of the upfront costs of buying a home. In Shelby County, these programs usually work as second loans or grants, often with forgivable terms, that can be applied to a down payment or closing costs.
Which programs apply depends on the address, your income and your lender. We can help you sort through them.
Check your address
Shelby County eligibility map
Search an address or click any area on the map to see which down payment assistance programs apply, then check your eligibility directly.
Down payment assistance questions
- What is down payment assistance?
- Down payment assistance programs help eligible homebuyers cover some or all of the upfront costs of buying a home, often through grants or forgivable second mortgages.
- How do I check if my address is eligible for a Shelby County program?
- Contact our team for a personalized review of your options. We will check the address and the programs that apply to it.
- Do I have to be a first-time homebuyer to qualify?
- Requirements vary by program. Some require first-time buyer status and others do not. We can help you find the programs you may qualify for.
- Does ROWE | WYSE Partners provide the down payment assistance funds?
- No. We help connect buyers with third-party programs offered through local and state agencies and lenders. ROWE | WYSE Partners does not administer the funds.
Lender programs we know
Three programs buyers ask us about are the City of Memphis HIPC, the Renasant Community Homebuyer Program and Pinnacle 100.
Confused by the options?
We can help you work through the assistance programs in Shelby County.