Homebuyer Education is the first step to owning your own home!

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    • Home
    • About Us
    • NLCDC Team
    • Donate
    • Register
    • Homes for Sale
    • Matching Savings Plans
    • News/Impact
    • Privacy Policy

  • Home
  • About Us
  • NLCDC Team
  • Donate
  • Register
  • Homes for Sale
  • Matching Savings Plans
  • News/Impact
  • Privacy Policy
A jar of money to represent growing savings to purchase a home

Matching Savings Plan

DOUBLE YOU MONEY FOR A NEW HOME WITH OUR MATCHING SAVINGS PLAN.


Buying a new home is a complex process. Do you need help with the down payment and closing costs? 


We want to help you!


New Level CDC has received a grant from First Horizon Bank to assist families with down payment assistance to purchase their first home. 


Households must have:

- Household income of 80% (Area Median Income) or less to participate.

- A minimum credit score of 640 or the ability to reach that score. 

- A steady monthly income that will enable them to purchase a home.

- A debt-to-income ratio of 43% or less. 


Participants are required to open a First Horizon Bank savings account

 

Save up to $2,000 within 3-12 months. 


The maximum amount of the match is $2,000.


If you are interested in participating in this program, please call our office today at 615-627-0347.






Downloads

NLCDC Intake Form (pdf)Download

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