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Down Payment Assistance

Limited Time Offer! NMCAA is offering a Down Payment Assistance Program!

 

What is the Down Payment Assistance Program?

The Down Payment Assistance Program is a savings program designed to help you receive $3,000 towards the down payment on your home. The assistance provided will be a 0% deferred loan.

 

This is a limited-time offer and part of our agency initiative as a Homeownership Center to provide opportunities for safe, permanent housing to the members in our communities. It is offered on a first come, first eligible, first serve basis.

 

Applicants interested in the Down Payment Assistance Program must have an adjusted income that is at or below the applicable low-income limit for the area where they wish to buy a house.

 

  • Save $1,000 of your own finances
  • Qualify at or below 100% of your area’s median income
  • Attend NMCAA’s Homebuyer Education workshop
  • Purchase a home!

 

For more information please call Allison Popa,

FMS Intake Specialist, at (231) 346-2141.

 

This page last updated on 8/26/2019.