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You can choose to receive the down payment assistance as a grant (which does not have to be repaid) or a deferred forgivable second lien loan (which only. If you have the monthly income to pay mortgage payments, but not enough money to pay the upfront costs, you may qualify for a low-interest loan to help you. The Homebuyer Down Payment Assistance Program is intended as a means of stabilizing property values and overall quality of life in targeted neighborhoods.

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The Assistance takes the form of a 0% interest loan with a five-year term secured by a note and a mortgage. The loan is payable on the sale or transfer of the. The LIFT program offers down payment assistance for first-time and repeat homebuyers! Zero-interest mortgage loans are forgivable after 5 years in your new. Down Payment Assistance Programs · Turnkey Plus Mortgage Program · Metro Mortgage Assistance Plus Program · CHFA SmartStep Plus · CHAC Down-Payment Assistance.

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Our Down Payment Grant program offers a grant of up to 3% of the home purchase price, up to $10,, to be used for a down payment in select markets. Grant. ​​​​KHC recognizes that down payments, closing costs, and prep​aids are stumbling blocks for many potential home buyers. Here are several loan programs to. If you have the monthly income to pay mortgage payments, but not enough money to pay the upfront costs, you may qualify for a low-interest loan to help you.