West Virginia Down Payment Assistance
CBC Mortgage Agency offers down payment assistance in West Virginia to help with the down payment needed to complete a home purchase with an FHA loan. Homebuyers in West Virginia looking for Down Payment Assistance can apply for Chenoa Fund down payment assistance using 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, and the amount provided may be up to 5% of the home sale price or the appraised value, whichever is lower.
CBC Mortgage Agency adheres to industry standards when determining the credit score eligibility for Chenoa Fund down payment assistance. The lowest middle credit score for the secondary mortgage loan is taken into consideration and the minimum acceptable score is 600.
Contact us today for more information about the Chenoa Fund Down Payment Assistance Program in West Virginia!
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