Indiana Down Payment Assistance
CBC Mortgage Agency’s Chenoa Fund Down Payment Assistance Program in Indiana 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.
This program helps reduce the financial burden of purchasing a home for first-time buyers, allowing them to start building equity and wealth sooner.
Closing Cost Assistance
In addition to down payment assistance, CBC Mortgage Agency allows its assistance to be used as closing cost assistance. Closing costs can add up quickly and can be a barrier for many first-time buyers in Indiana. With the Chenoa Fund down payment assistance program, you can use a portion of the financial assistance towards items such as appraisal fees, title insurance, and lender fees. This can help make the home-buying process more affordable and manageable for low-to-moderate income individuals and families.
CBC Mortgage Agency is your Trusted Partner for Down Payment Assistance
CBC Mortgage Agency has been helping low-to-moderate income individuals and families in Indiana achieve their dream of homeownership for ten years. We understand the unique challenges faced by homebuyers, and we are dedicated to providing affordable solutions through our various programs.
Looking for more information about down payment assistance in Indiana? Contact us today!
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No Income Restrictions
The Chenoa Fund down payment assistance program does not have income limits.
