Tag NCC IDEA

Tag NCC IDEA

New Castle County IDEA Down Payment Program

John Thomas December 9, 2016 Tags: , ,
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New Castle County IDEA Down Payment Program

A Delaware down payment assistance program that provides loans up to $5,000 at 0% interest is the New Castle County IDEA Down Payment Program.  IDEA stands for Innovative Development Empowerment Area and is a down payment and settlement assistance program to help home buyers purchasing homes in eligible census tracs in New Castle County Delaware.  Call 302-703-0727 to apply for the program or APPLY ONLINE

What is the New Castle County IDEA Program?

The IDEA provides home buyers with second mortgage loans at 0% for the purchase of homes in approved census trac areas for down payment and/or settlement assistance.  It is a 10 year loan at 0% interest with no required payments for the first year of the program then the loan will be paid back during the remaining 9 years on a monthly basis.

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