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Get Chenoa Funds

Are you a first-time homebuyer?

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Chenoa Fund Can Help

Less Than Perfect

Homebuyers with less than perfect credit scores can use the Chenoa FHA loan option. FHA program start with a minimum credit score of 600.

First-time Buyers & More

Homebuyers do not have to be a first-time home buyer to qualify. The Chenoa Fund is available to all homebuyers nationwide.

Loan Options

Chenoa offers multiple home loan options to help a wide range of borrowers.

Up to 5% Assistance

Chenoa Fund helps homebuyers purchase a home by using down payment and/or closing cost assistance (DPA), up to 5% of the First Mortgage Loan amount.

How it works

first Share a few details
first No Down
first Hi, I’m Chad, your loan officer, How can I help?
first Share a few details
first No Down
first Hi, I’m Chad, your loan officer, How can I help?
1

Choose your best option

It all starts here by choosing the best down payment assistance option that fits your home purchase plan.

2

Compare down payment options

We will provide you an easy to follow estimate with loan program, down payment assistance, interest rate, monthly payment and cash to close.

3

Painless pre-approval*

Once you know your options you will be invited to submit an application to start the pre-approval* process.

Get Chenoa Funds

*Pre-approval is not a commitment to lend.

Frequently asked questions

Q: How does a home buyer qualify for a down payment assistance program?
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Buyers must have qualifying income, meet at least 600 credit score and occupy as primary residence. Ask your loan officer for additional qualifications.

Q: How much do I get with Chenoa down payment assistance?
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Chenoa Fund helps with the 3.5% – 5% down payment needed for FHA loans.

Q: Do you offer a FHA Loan with down payment assistance?
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Yes, FHA is an excellent choice.

Q: Can down payment assistance really help me buy a home?
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Yes, we help home buyers every day to cover down payment and closing costs. Achieve your goal to purchase a home.

Q: Do I have to pay back down payment assistance?
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Chenoa Fund DPA For FHA loans offers one product with a repayable and forgivable option. For all products the borrower will need to have a credit score of 600 or higher.

Q: What is the first step to take advantage of down payment assistance programs?
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Start with “GET CHENOA FUNDS” answer the questions, connect with our down payment assistance specialist and have your options emailed to you.

Get started in minutes

Speed matters. Which is why you can get information today. Without affecting your credit score.

Get Chenoa Funds

Won’t affect your credit score.

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