The CCA (Closing Cost Assistance) Mortgage One Solutions Program is here to make buying a home a little easier. It helps cover some of the upfront costs—like appraisal fees and title insurance—that come with closing on a house. This means you won’t need to worry as much about extra expenses on top of your down payment. It’s a great option for first-time buyers or anyone who wants a little extra financial breathing room when making such an important investment. With CCA, getting the keys to your new home feels more within reach.
Benefits and Uses
- FHA programs
- 640 minimum score
- 2% to 2.5% of loan amount towards Closing Cost
- Not a second trust
- No second trust payments
- No max income limit
Example
- Home price $400 000
- 3.5% down payment of $14 000
- Loan amount $386 000
- Up to $9650 in credit to be used toward closing cost