Own Your Home
Own Your Future
Own Your Home
Own Your Future
BUILDING Generational WEALTH THROUGH HOMEOWNERSHIP
The Dearfield Fund provides up to $40,000 in down-payment assistance to first-time homebuyers who have faced systemic barriers to owning a home. The down-payment assistance is a loan, but homeowners do not make monthly payments and pay no interest. Instead, when homeowners sell or refinance they repay the down-payment amount plus 5% of their home’s appreciation, which allows the Dearfield Fund to serve more homeowners in our community.
Discover Your Journey to Wealth
From the time you decide to purchase a home to the time you sell or refinance your home, the Dearfield team is committed to supporting your journey toward generating personal and community wealth.
Buy your home
If you’ve decided to purchase a new home, we encourage you to talk with a loan officer at one of the Dearfield lending partners to determine your down payment contribution. We’ll then work together to secure your total down payment.
Manage Your Wealth
After you’ve qualified and closed on your mortgage, the only payments you’re expected to make are the monthly payments toward your mortgage. At the same time, you’ll continue to grow equity in your home, your best asset for generating wealth.
Expand Your Wealth
When you decide to sell or refinance your home, you’ll return your original down payment plus 5% of your home’s appreciation back to the Dearfield Fund to support the next homebuyer on their journey to wealth.