Oklahoma Down Payment Assistance
CBC Mortgage Agency’s Chenoa Fund Down Payment Assistance Program in Oklahoma is available to first-time homebuyers and existing homebuyers looking to purchase a primary residence. 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. The type of down payment assistance the borrower is eligible is determined by the lender.
CBC Mortgage Agency has several programs available for first-time homebuyers in Oklahoma. These programs are geared towards but are not limited to first-time homebuyers, making it easier for them to purchase homes. The Chenoa Fund Down Payment Assistance Program 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 Chenoa Fund Down Payment Assistance in Oklahoma!
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