Chase Homebuyer Grant
$2,500 or $5,000 depending on the census tract, applied to closing costs, points, or down payment
Chase gives eligible buyers a grant of $2,500 or $5,000 when they buy a primary residence in an eligible census tract and finance it with a Chase mortgage. The money is applied at closing, first to discount points that lower your rate, then to closing costs, then to the down payment where the loan product allows. It is not repaid.
Funding was available the last time we checked.
Last verified Sep 23, 2026. Program terms change; confirm with the administrator before you rely on them.
At a glance
- Amount
- $2,500 or $5,000 depending on the census tract, applied to closing costs, points, or down payment
- Type of help
- Grant
- Where
- Nationwide
- Run by
- JPMorgan Chase Bank, N.A., Home Lending
- First-time buyer
- Repeat buyers welcome
- Income limit
- Yes, see below
- Homebuyer education
- Not required
How the grant works
Money you do not pay back, as long as you meet the program's stay-in-the-home terms.
- Monthly payment: None
Who qualifies
- Repeat buyers welcome.
- Income. The grant itself is tied to the property's census tract, not your income. The loan you pair it with may have its own income limit, for example Chase's DreaMaker product. Use the bank's Homebuyer Assistance Finder with the property address (checked 2026-09-23).
- Property types: Primary residence financed with an eligible Chase mortgage. Must be your primary residence.
- You must get your mortgage from Chase. Eligible products listed by the bank: DreaMaker, Standard Agency, FHA, and VA loans.
- The home must be in a census tract Chase designates as eligible. The bank's finder tool checks the address.
- Homebuyer education is required when you use the DreaMaker loan and all occupying borrowers are first-time buyers.
How to apply
- 1Enter the property address and household details in Chase's Homebuyer Assistance Finder on the grant page to see whether the address qualifies for $2,500 or $5,000.
- 2Get pre-approved with Chase on one of the eligible products. Sean does not steer buyers to any lender; this is only the path if you choose this bank.
- 3If you use DreaMaker and everyone on the loan is a first-time buyer, complete the required homebuyer education before closing.
- 4Have the lender show the grant on your Loan Estimate so you can see how it is applied: points first, then closing costs, then down payment if allowed.
Watch out for
- The grant is address-based. It can disappear if you move your search a few blocks. Check each home you consider.
- It only exists with a Chase mortgage. Compare the rate and fees against another lender's offer, then weigh the grant.
- Chase applies the money to discount points first. That lowers your rate but does not reduce your cash to close as much as you might expect. Ask for the breakdown.
- Grant programs at banks change. The amounts here are what Chase published when we checked.
- Ask the lender whether the grant is reported as income for tax purposes. The bank's page did not say when we checked.
This one is quiet but useful in a lot of DC and Prince George's neighborhoods. If you are already leaning toward Chase, run every address through their finder before we write.
Straight answers
How do I know if a house qualifies?
Enter the address in the Homebuyer Assistance Finder on Chase's grant page. It tells you whether the census tract qualifies and for how much. A Chase Home Lending Advisor can also run it.
Do I have to be a first-time buyer?
No. The grant is based on the property's census tract and a primary residence purchase. Some loan products it pairs with, such as DreaMaker, have their own rules.
Can the grant go toward my down payment?
Chase applies it first to discount points, then closing costs, then the down payment depending on the loan product's requirements. You may not see the whole amount land on the down payment line.
Sources
- Chase, Homebuyer Grant (Affordable Lending) (read Sep 23, 2026)
Program details are summarized from public sources and change without notice. Funding badges reflect the last time we checked, not a guarantee of availability. This is buyer education from a real estate agent, not a loan pre-approval or a commitment to lend. Eligibility is decided by each program administrator and your lender. Equal Housing Opportunity.
Programs are the easy part. Timing is the hard part.
Most buyers lose assistance on a deadline, not on eligibility. Sean helps you map out the counseling, the lender conversation, and the contract dates so nothing slips.