COMMUNITY ONE GRANT PROGRAM
Down Payments as Low as 1%*
CMG Home Loans is dedicated to providing affordable financing options and with our new CMG Community ONE down payment assistance program, our goal is to help more home buyers achieve the dream of home ownership.
- Out-of-pocket cost to purchase a home is drastically reduced
- Provides an affordable solution from rising rent values
- Offers the opportunity to establish home equity
- Start building generational wealth through homeownership
Program Highlights
- Down payments as low as 1%.*
- Qualify for up to 2% or $6,000 towards purchase.*
- Available to homebuyers meeting income and other requirements, in select areas within AL, AZ, CA, DC, GA, IL, MA, MI, MN, MS, NC, NJ, NY, PA, TN, TX, VA.
In addition to this exclusive program, we also offer BorrowSmart by Freddie Mac, where qualified buyers can pay as little as 3% down and get up to $1,500.00** towards purchase.
And if that wasn't enough, our exclusive HomeFundIt program allows homebuyers to receive online down payment gifts from anyone, and get a 2-to-1 match up to $2,000*** towards purchase. There are no time limits or fundraising limits, and it works with nearly all CMG loan programs. It lets you lock in long range buyers, and it generates exponential referrals downstream.
With powerhouse exclusives like Community ONE, BorrowSmart, HomeFundIt, Rate Rebound, List & Lock, and more, CMG can be your go-to lender.
How to Apply
Find a community with an eligible property and submit your application completely online HERE.
**This program is available to borrowers meeting income requirements in select census tracts within AL, AZ, CA, DC, GA, IL, MA, MI, MN, MS, NC, NJ, NY, PA, TN, TX, and VA. Payment example: Stated rate may change or may not be available at time of rate lock. If you bought a $250,000 home with a 30 year loan at a fixed rate of 6.0% (6.376% Annual Percentage Rate), with a down payment of 3%, for a loan amount of $242,500, you would make 360 monthly payments of $1,454.00. Payment stated does not include mortgage insurance, taxes and homeowners insurance, which will result in a higher payment.
VA LOAN
100% financing for eligible Veterans, Reservists and Active Duty Personnel
CMG COMMUNITY ONE GRANT
Purchase a home within a specific zip code with as little as 1% down payment.
VA LOAN
100% financing for eligible Veterans, Reservists and Active Duty Personnel
CMG COMMUNITY ONE GRANT
Purchase a home within a specific zip code with as little as 1% down payment.