Home Ownership Assistance
Home Ownership Assistance Program
Down payment and closing cost assistance loans are available to homebuyers to reduce the amount of upfront money needed to purchase a home.
Homebuyers will be able to select the following option if they qualify:
- A 15-year loan with a maximum amount up to $15,000 for qualified borrowers with a deferment period of five (5) years. During the deferment period, the interest rate would be 0% with no payment due. The remaining ten (10) years would be a fully-amortizing loan at 2.75% interest.
Please click here if you have further questions about this program.