Overcome the Down Payment Hurdle with New CCCU Program
The down payment is often the biggest hurdle potential homebuyers must overcome to realize their dream of home ownership. The current Las Vegas homebuying landscape is competitive and CCCU is here to help. Our local, experienced mortgage officers are ready to get you into the right home loan today!
Not to be confused with closing costs which are fees associated with purchasing a home like recording, appraisals, and mortgage fees, the down payment is the amount that is not financed with the mortgage loan and must be paid at closing. CCCU can help you reduce or lower the down payment with one of our down payment assistance programs.
CCCU Home Now
With the CCCU Home Now program, you only need to put 2% down towards your new home! Qualified buyers will need to meet additional requirements such as the home must be their primary residence, they will need to have two months in reserves for PITI (principle, interest, taxes and insurance), and must have a minimum FICO score of 620.
WISH 4 to 1 Matching Grant Program
In collaboration with the FHL Bank, CCCU can provide qualified home buyers with a grant up to $22,000 towards the down payment and closing costs of a home. The funds for this grant will be available until exhausted and the award will be based on income, household residence, and members in the household, amongst other factors. Applicants must also complete a required homebuyer counseling program.
Jump Over the Down Payment Hurdle
Let Clark County Credit Union help you get into your next home. You can reach our experienced Loan Officers at 702-228-2228 or learn more about CCCU Mortgage Loans.