1/2 Percent Down Payment

Homeownership may be just around the corner with the CHF ACCESS Loan Program.

The Program combines a 30 year fixed interest rate FHA Mortgage Loan with downpayment and/or closing cost assistance in the form of a low and fixed interest rate Second Mortgage.

Total financing up to 99.5% of the purchase price is possible.  That means the downpayment from the homebuyer's own funds could be as little as 1/2 of a percent of the purchase price.

The Program also features a variet of flexible qualifying guidelines.  For example, the Projram is not restricted to first-time homebuyers.

Families or individuals who may have owned a home in the past are still eligible to apply for the CHF ACCESS Loan Program.

CHF Access Program

  • FHA down payment, and/or closing cost assistance, up to 3% of a homes sales price
     
  • Offered exclusively at First Mortgage Corporation

  • Only 1/2% down payment is required

  • Credit scores below 620 permitted - even NO credit scores
     
  • No first-time homebuyer restrictions
     
  • Household income limit for Kern County of $62,640 

Ask your sales representative for further details!  Restrictions may apply, limited time only.