Delaware Down Payment Assistance
CBC Mortgage Agency offers down payment assistance in Delaware to help low-to-moderate-income individuals and families achieve their dream of homeownership. Homebuyers in Delaware looking may apply for Chenoa Fund down payment assistance through an approved lender. The down payment assistance comes in the form of secondary financing. The secondary financing assistance may require repayment or it may be forgivable. The amount provided may be up to 5% of the home sale price or the appraised value, whichever is lower.
The Chenoa Fund down payment assistance program is not a bond program. This means that CBC Mortgage Agency doesn’t run out of funds for its down payment assistance.
Contact us today for more information about down payment assistance in Delaware!
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