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- USA Mortgage


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 ‘s Columbia, Missouri branch has the resources needed to make your dream a reality. If you are ready to move forward with your next home purchase, contact us to get started.

Apply Now