Alaska Down Payment Assistance
Homebuyers in Alaska looking for Down Payment Assistance can apply for Chenoa Fund down payment assistance through an approved lender. CBC Mortgage Agency provides down payment assistance in the form of secondary financing. The secondary financing assistance may be repayable or forgivable.
CBC Mortgage Agency has two program options available for first-time homebuyers in Alaska. These programs are geared towards but are not limited to first-time homebuyers, making it easier for them to purchase homes. Down payment assistance can significantly reduce the upfront costs of buying a home, making purchasing a home a reality for those who otherwise wouldn’t have the means to save for a traditional 20% down payment.
Contact us today for more information about down payment assistance for Alaska residents!
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