The CHF ACCESS Program is a new loan program designed to assist low-to-moderate income homebuyers with the purchase of a home, by providing a means to finance most of the down payment on a home purchase. Many times this means families and individuals can purchase a home much sooner than they thought possible!
The Program combines a 30-year fixed interest rate FHA First Mortgage Loan with down payment and/or closing cost assistance from CHF in the form of a low fixed interest rate Second Mortgage, making combined financing up to 99.5% of the purchase price possible. It is available for purchases of both new and existing homes, as long as the home will be the primary residence of the homebuyer, and does not require that the homebuyer be a first-time homebuyer. Those who may have owned a home in the past are still eligible to apply for CHF ACCESS.
With flexible qualifying guidelines, the CHF Access home loan program is the perfect solution to help low to moderate income home buyers realize their dream of home ownership a lot faster than they thought possible!
