FHA-1st & CHDAP-2nd Loan

There are more reasons than ever before to piggyback a CHDAP 2nd Loan:

  • Provides a 3% down payment assistance silent second to income qualifying first-time homebuyers for use on down payment and/or closing costs
  • CHDAP 2nd is paired with a Mountain West Financial FHA-1st
  • Flips are allowed, but must follow Mountain West Financial’s “Flip Policy” (call for details)
  • Loan limits follow FHA maximum county limit, so call for current details
  • No minimum cash requirement from borrowers