Luminate PATH has no minimum borrower contribution. You do not have to bring a set percentage of your own savings to qualify for PATH assistance — though you may still need cash for closing costs, prepaid items, or reserves when payment shock rules apply.
Unlike some DPA programs that mandate a borrower investment from savings, PATH does not set a minimum contribution from your own money to use the assistance layer.
Down payment assistance covers eligible DPA needs based on the lower of sales price or appraised value. Closing costs, prepaids, and payment-shock reserves (when required) can still create cash-to-close needs.
Assistance cannot pay off debt or cover an appraisal shortage. PATH also has no maximum asset limit — having savings does not disqualify you.
If payment shock is greater than 100%, or you live rent-free, two months of reserves are required. Gift funds cannot be used to meet that reserve requirement.
Ryan and Steve build a cash-to-close estimate early so you know whether gift funds, seller credits, or your own savings are the best way to fill any remaining gap.
Related Luminate Path guides and down payment assistance resources.
3.5% forgivable or up to 5% repayable based on price or appraisal.
1–2 unit homes, condos, PUDs, and qualifying manufactured homes.
Program overview and universal PATH eligibility rules.
No PATH income cap — and no maximum asset limit either.
Full guide — first mortgages, second options, and universal rules.
Compare PATH cash-to-close rules with other DPA programs.
Ryan & Steve map PATH assistance against your real closing costs and reserve needs so you know what — if anything — you still need from savings.
Luminate Path programs are subject to borrower qualification, property eligibility, and lender approval. Rates, terms, and program availability may change without notice and are not available in all states. This page is educational — your scenario is underwritten against current guidelines.