This program called CCAP for short, pays up to 4% of the loan amount toward your closing costs or down payment. It can be combined with FHA, VA, and Rural Development, (RD), loans. If combined with VA or RD loans your move in costs can be as low as $0.00. That’s pretty low.
Right now First National Bank of Alaska is the only valley lender providing these loans. One of my buyers has already taken advantage of this.
Briana Rogers from the Palmer FNBA branch recently brought me some info on it, her contact info is 907-746-8901, [email protected]
This is one of the many programs to ask about when you are discussing financing with your mortgage lender.
Feel free to call us with any questions about real estate, we answer questions for free.
Marty Van Diest 907-232-7900
Jay VAn Diest 907-232-4852