Chenoa Fund Program

The Chenoa Fund offers 3.5% down payment assistance in the form of a gift or a second mortgage.

Chenoa Fund Down Payment Assistance in Columbia Missouri, Arkansas, Illinois, and Kentucky

 

Chenoa Fund Overview:

 

Straightforward FHA Underwriting.

No First Time Homebuyer restrictions.

Minimum 620 credit score.

3.5% down payment assistance in the form of a gift or a second mortgage.

 

Chenoa Fund Down Payment Assistance

3.5% down payment provided by Chenoa Fund,

  • 115% or less of area median income=down payment assistance can be forgivable
  • 115% or more of area median income=down payment assistance paid back through a monthly
    payment.

 

USA Mortgage Advantage


Full-service lender serving state of Missouri.


In-house processing, underwriting and funding.


Accepts some lower and no credit scores for these loans.


Offers competitive rates and fees.

 

Apply for Chenoa Program

USA Mortgage Columbia regional office has many locations in the states of Missouri, Arkansas, Illinois, and Kentucky. We have all the resources needed to make your dream a reality. If you are willing to move forward with your next home purchase, contact us to get started. A local mortgage broker will guide you every step of the way. Apply now to see if you qualify for the Chenoa fund down payment assistance.

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