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Delaware Mortgage Guides

DE
State Mortgage Guides

Delaware Mortgage Guides 2026

This complete Delaware mortgage guide covers FHA loan limits for all three counties, DSHA down payment and closing cost assistance, USDA rural loans for Kent and Sussex, VA resources for Delaware’s veteran community, and a full closing cost breakdown — all in one place.

$630,2002026 FHA limit (New Castle County)
Up to 5%DSHA down payment assistance
~0.50%Est. effective property tax rate
3%–4%Realty transfer tax (state + local)

Everything You Need for a Delaware Home Purchase

Six in-depth guides covering every aspect of getting a mortgage in Delaware — from loan program selection to what you’ll pay at closing.

Key Delaware Mortgage Guide Facts

FHA Loan Limits (2026)

  • New Castle County (Philadelphia-Camden-Wilmington metro): $630,200
  • Kent County (Dover metro): $541,287 — the 2026 national floor
  • Sussex County (Seaford metro): $541,287 — the 2026 national floor
  • Conforming limit is $832,750 in all three counties. Verify any county with HUD’s official lookup
Full FHA limits →

Down Payment Assistance

  • First State Home Loan: zero-interest second mortgage equal to 3% of the first mortgage amount
  • Keys4You 4% · Take5 5% · Diamond in the Rough 5% (requires FHA 203(k) limited)
  • No monthly payment — deferred until refinance, sale, transfer of title, or the home is no longer your primary residence
  • Minimum credit score 620; housing counseling required at 659 or below. Current terms at destatehousing.com
First-time buyer guide →

Property Taxes

  • Est. effective rate about 0.50% statewide (Est.) — among the lowest in the nation
  • New Castle County roughly 0.71% (Est.)
  • Kent County roughly 0.43% (Est.); Sussex County roughly 0.32% (Est.)
  • Assessed and collected by the counties, not the State. Derived from Census ACS 2024 5-year data
Full tax guide →

Closing Cost Highlights

  • Realty transfer tax: 3% state, or 2.5% state plus up to 1.5% local — 4% combined in practice in most Delaware jurisdictions
  • Apportioned equally between grantor and grantee unless the contract says otherwise
  • First-time buyers: 0.5% reduction on the buyer’s half, applied to the lesser of price or $400,000
  • Recorder fees differ by county — New Castle $13/page, Kent $36 plus $10/page, Sussex $30 plus $1 plus $9/page
Full closing cost guide →

Buying or Refinancing in Delaware?

Delaware pairs some of the lowest effective property tax rates in the country with one of the higher realty transfer taxes, and DSHA layers several deferred down payment assistance loans on top. Our guides above break down all of it, and every figure links to the official source so you can verify current terms.

  • ✓ Check Welcome Home and Open Door eligibility and current limits at destatehousing.com
  • ✓ Confirm your county’s 2026 FHA limit with HUD’s lookup tool
  • ✓ Compare FHA vs. conventional using our loan program guides
  • ✓ Estimate your total cash to close with our closing cost guide

Coming soon  ·  No obligation  ·  Educational first

Delaware Advisor Network — Coming Soon

We currently connect buyers with licensed mortgage advisors in Florida and Utah. Delaware is on our expansion list. In the meantime, our Delaware guides and the official program links above have everything you need to research your purchase.

Join the Delaware Waitlist