(redirected from Closing Cost Assistance Loan)
CCALConsumer Consortium on Assisted Living
CCALCollege of Community Association Lawyers (Community Associations Institute)
CCALClosing Cost Assistance Loan (State of New York Mortgage Agency)
CCALCollier County Animal League (Florida)
CCALCalifornia Current
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I was given a $5,000 grant to put toward my down payment as well as an additional closing cost assistance loan.
21) Examiners made special mention of Bankers Trust's participation in several innovative lending programs, including Closing Assistance Support for Homebuyers, a joint effort by Neighborhood Housing Services of New York City and a consortium of local banks led by Bankers Trust to provide down payment and closing cost assistance loans to LMI homebuyers, and Global Resources for Affordable Neighborhood Development, a loan pool organized and administered by Bankers Trust that makes funds available, at below market rates, for the construction of new affordable housing units in LMI communities.
CalHFA will insure the first loans through its Mortgage Insurance Division, NHF will provide downpayment and closing cost assistance loans and Countrywide will service the loans and administer the program through its correspondent lenders throughout the state.