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What is the CNH Homebuyer Assistance Program?

CNH homebuyer program
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What is the CNH Homebuyer Assistance Program?

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A. The CNH Homebuyer Assistance Program provides education and financial assistance to Newaygo County residents. We help families find and purchase a quality, affordable home. Q. What is offered by CNH to assist homebuyers? A. CNH provides individual credit counseling and classroom homebuyer education. CNH provides up to $10,000 for down payment assistance and closing costs, and up to $20,000 for renovations. Q. Do I have to repay CNH for the financial help they provide? A. All applicants will be asked to sign a second mortgage for the equity in the home at the time of purchase. Any appreciation after the purchase is not included in this loan. This loan will be interest free and will be due when applicant refinances or sells the home. Q. Do I have to be a first time homebuyer to qualify for assistance? A. No. You must however meet the eligibility criteria for our program. Q. Can I renovate the house myself or work with contractors that CNH hires? A. CNH is required to ensure your home

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