We work with down payment assistance providers to help make homeownership attainable. We are proud to offer products that offer flexible repayment options as well as competitive pricing for 30-year fixed purchases.

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Down Payment Assistance Program

Rosebud is a Down Payment Assistance (DPA) program used with a fixed rate FHA or USDA first mortgage. This program has forgivable and repayment options depending on the loan's use.

Program Highlights:

  • No asset restrictions or income limits
  • Not limited to first time home buyers
  • Forgivable and repayable options for down payment assistance
  • Non-occupied co-borrower allowed
  • Eligible on one-unite properties only including Condos, PUDs, and Doublewide Manufactured Homes; 2-unit primary property is eligible
  • Unique homes including, but not limited to Log Homes, Barndominium, Singlewide Manufactured Homes and Geodesic Domes are not eligible

Chenoa Fund
Down Payment Assistance

These programs offer down payment assistance for all income levels and have several repayment options.

  • 600 min FICO credit score
  • Can only be used on 1 - 2 Units
  • No income limits
  • Non-occupant co-borrowers allowed
  • 0% Interest Rate and 30-Year Term
  • Forgiven After 36 Consecutive On-Time Payments on FHA 1st Mortgage
  • 3.5% DPA or 5% DPA w/ 1.5% towards Closing costs
  • Single/Doublewide Manufactured homes allowed
Chenoa Fund Down Payment Assistance