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


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.