Up to $15,000 in Down Payment...
Up to $15,000 in Down Payment Assistance
Buying a home in Chattanooga TN just got more attainable and Parkside Builders is here to help you take advantage of it.
Through the City of Chattanooga's Down Payment Assistance Program, eligible first-time homebuyers may receive up to $15,000 in assistance to help cover upfront costs. When combined with additional programs, total assistance may reach up to $21,000!
At Parkside, we're committed to helping buyers find not just the right home, but the right path to homeownership. That's why we're proud to offer homes in Chattanooga that qualify for this program, giving you a clear path to take advantage of this opportunity.
This program is designed to help reduce the amount of cash needed at closing by offering assistance as a deferred, 0% interest loan with no monthly payments. Repayment is only required if the home is sold or refinanced for cash out.
To qualify, buyers must meet income requirements, be considered a first-time homebuyer, and purchase an eligible home within Chattanooga city limits. Additional steps include completing a homebuyer education course and working with an approved lender.
Our team is here to help guide you through your home search and connect you with the right resources along the way. If you're considering one of our Chattanooga communities, this program could be a valuable way to make homeownership more accessible.