Skip to content
Brokers Choice Mortgage
Get Approved

Choice DPA, Plus, & Select

DPA Programs Exclusive to Brokers Choice Mortgage

DPA Choice Matrix

100% CLTV, DPA Program for FHA

Choice DPA

100% CLTV DPA Loan Program
  • Down Payment Assistance Programs – DPA
  • FHA First Loan
  • Subordinated Second Loan (3.5%)
    No Payment on the Second Loan
    0% Rate
  • No Income Restrictions
  • 2/1 Buydown Available
  • Manual Underwrite 660+ FICO, follows FHA Guidelines
  • Ask us about other exceptions that may be available
  • Conforming and High Balance Loan Limits Available

Choice DPA Plus

620 Minimum FICO
  • 100% CLTV FHA Loan (Combines 1st and Subordinate Lien)
  • 2nd lien with an interest rate 2% greater than 1st lien
  • Payment amortized over 10 years
  • Monthly payments required
  • Borrower’s minimum contribution of $0.00
  • No First Time Home Buyer Requirement
  • Conforming and High Balance Loan Limits Available

Choice DPA Select

No Income Limits
  • 101.5% CLTV, (96.5% First + 5% DPA)
  • No FTB Requirement
  • Include Closing Costs (1.5%)
  • FHA 30-YR Fixed Purchase
  • Refer / Eligible OK
  • No Income Limits
  • 1 – 2 Units, Primary Residence Only
  • 620 Min FICO
  • 660 Min FICO for Manual Underwrite

Contact Your Account Executive

Get Approved Today

Learn More

Have a loan that you want to discuss with our experienced team?  Reach out to us!

Contact Us

Restrictions apply. Not available NY and WA.

© 2025 All rights reserved Brokers Choice Mortgage is a registered DBA of OCMBC, Inc. NMLS ID #2125. Equal Housing Lender. All rights reserved. Some products may not be available in all states. Programs and rates are subject to change without notice. Turn time estimates are not warranted or guaranteed. Some restrictions may apply. Underwriting terms and conditions apply and not all applicants will qualify. This is not a commitment to lend. For more licensing information, visit the Nationwide Multistate Licensing System’s Consumer Access website www.nmlsconsumeraccess.org. For our licensing information and lists please visit: Our Licensing page.  Intended for use by real estate and lending professionals only and not for distribution to consumers.