Chenoa Fund provides 3.5% or 5% down payment assistance. See dollar examples by purchase price and how Ryan & Steve size your cash to close.
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How Much Assistance Does Chenoa Provide?
Chenoa Fund delivers 3.5% or 5% of your purchase price toward down payment or closing costs — here is what that looks like in real dollars and how Ryan & Steve size your cash to close.
Assistance is calculated as a percentage of the purchase price — not the loan amount.
Example: a $400,000 home at 5% assistance = $20,000 toward down payment or closing costs.
Chenoa assistance is flexible — Ryan and Steve allocate it where your file needs it most.
Your true cash-to-close number depends on purchase price, Chenoa assistance level, first-mortgage type, seller concessions, and prepaid items. Ryan and Steve build a line-item estimate before you write an offer — not after.
They model 3.5% vs 5% side by side, factor in forgivable vs repayable second-lien payments, and account for earnest money and inspection costs you pay before closing.
Use the interactive estimator on the Chenoa Fund overview page for a quick snapshot — then request a personalized review for your exact scenario.
Related Chenoa guides and loan programs to compare before you apply.
Ryan & Steve will model 3.5% and 5% Chenoa assistance against your purchase price and first-mortgage type.
Chenoa Fund is a registered trademark of CBC Mortgage Agency. All programs are subject to borrower qualification and lender approval. This website is not directly affiliated with or endorsed by HUD, FHA, or the CBC Mortgage Agency.