South Dakota Down Payment Assistance
Down payment assistance in South Dakota is available with the Chenoa Fund program! At CBC Mortgage Agency, we provide the Chenoa Fund down payment assistance program in South Dakota to help low-to-moderate income individuals and families with their home purchase. CBC Mortgage Agency provides assistance in the form of secondary financing that may be either forgivable or repayable and up to 5% of the home sale price or the appraised value, whichever is lower.
This program is geared towards first-time homebuyers but being a first-time homebuyer isn’t an eligibility requirement. Down payment assistance 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 for more information about down payment assistance in South Dakota!
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