Chenoa Fund Program

Increasing affordable and sustainable homeownership opportunities for credit-worthy individuals who lack down payment funds.

Chenoa Fund Program - USA Mortgage


What is the Chenoa Fund?

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

Chenoa Fund Program Overview:

  • Straightforward FHA Underwriting
  • Minimum 620 credit score
  • No First Time Homebuyer restrictions
  • 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 willing to move forward with your next home purchase, fill out the form below to get started.

Apply Now