Puerto Rico Down Payment Assistance
CBC Mortgage Agency provides down payment assistance in Puerto Rico to individuals that are interested in purchasing a home using the Chenoa Fund Down Payment Assistance Program. Eligible candidates who qualify for the down payment assistance may be first-time homebuyers or homebuyers who have purchased a home before. Down payment assistance in Puerto Rico offered by CBC Mortgage Agency provides the funds for the minimum down payment needed for an FHA loan.
Homebuyers looking for down payment assistance in Puerto Rico are welcome to apply for the Chenoa Fund down payment assistance program using an approved lender. The assistance comes as secondary financing of up to 5% of the home sale price or appraised value, whichever is lower. That amount may be either forgivable or repayable and may require a monthly payment.
Contact us today to learn more about the Chenoa Fund down payment assistance program in Puerto Rico!
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