Nevada Down Payment Assistance
CBC Mortgage Agency’s Chenoa Fund Down Payment Assistance Program in Nevada is available to homebuyers looking to purchase a primary residence. The program helps reduce the financial burden of purchasing a home for first-time buyers, allowing them to start building equity and wealth sooner. CBC Mortgage Agency offers down payment assistance in the form of secondary financing of up to 5% of the home sale price or appraised value, whichever is lower. That amount may be forgivable or repayable and may be applied toward the down payment and closing costs. Homebuyers may apply for the program using an approved lender.
This program is geared towards but 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 wouldn’t have the funds necessary for a traditional 20% down payment.
Contact us today to learn more about down payment assistance in Nevada or to find a lender near you!
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