Chenoa Down Payment Assistance and FHA Loan

Bringing Dreams Closer With Chenoa and FHA: Making Homeownership Accessible

Harness the power of Chenoa's Down Payment Assistance combined with the flexibility of FHA Loans. Perfect for first-time homebuyers.

580

Minimum Credit Score

50%

Maximum Debt To Income

105.00%

Maximum Loan To Value

$822k

Maximum Loan Amount

Chenoa covers your 3.5% down payment, easing your entry into homeownership.

If conditions are met, Chenoa's assistance can become a forgivable second mortgage.

FHA's flexible requirements, combined with Chenoa, opens doors for many more borrowers.

As with all FHA loans, you'll need to pay upfront and annual mortgage insurance premiums.

Chenoa has specific income and geographic limitations you'll need to meet.

Review Eligibility

We'll work together to review your eligibility for this combined program.

Understand Mortgage Insurance

We'll ensure you fully understand the costs associated with FHA mortgage insurance.

Assess Financial Position

We'll carefully assess your financial situation to ensure this program suits your needs.

Navigate Income and Geographic Restrictions

We'll help you navigate Chenoa's specific requirements to make sure you qualify.