Chenoa Fund™ is a national down payment assistance program administered by CBC Mortgage Agency, a federally chartered governmental entity. CBC Mortgage Agency specializes in providing down payment assistance financing under FHA and FNMA conventional guidelines.
Chenoa Fund is a down payment assistance program to help creditworthy, low and moderate-income families. Benefits this program provides are the following: Receive a second mortgage to cover their 3.5% minimum down payment requirement when purchasing an FHA-insured home; 5% down payment assistance.
This is a small-dollar rehab loan for homeowners who need to make renovations but can't necessarily afford the finances on their own. This is an employee-based program and only available for employees of participating Maryland employers.
The Forst-Time Homebuyer Product is a new initiative through First Home Mortgage, to assist first-time homebuyers with down payment and closing cost assistance in Maryland.
HomeAbility, a new homeownership opportunity for people with disabilities and a lower income, offers a home value lien of 80 percent at a 5.25 percent interest rate and another, deferred lien of up to 25 percent and a zero percent interest rate for down payments and closing costs.
The Maryland Homefront Mortgage Program offers a reduced interest rate to active duty military and veterans. Eligible applicants can receive a quarter percentage point off their interest rate.
We offer housing grants for Veterans and service members with certain service-connected disabilities so they can buy or change a home to meet their needs and live more independently. Changing a home might involve installing ramps or widening doorways. Find out if you’re eligible for a disability housing grant—and how to apply.