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.