Getting a Loan - Affordable Loans & Lending Programs

NeighborWorks® Anchorage offers an array of affordable loan programs to assist home buyers with purchasing a home.  The programs are designed to fund the gap between what you can afford and the cost of housing in the form of a loan.  In most cases you will have two loans to purchase your home.  One will be a first mortgage with one of our lender partners and the other loan will be in the form of a second mortgage with NeighborWorks® Anchorage for the down payment portion for your purchase.

• Lender Partners

Once you have completed all the necessary steps to qualify for home ownership, and feel you are ready to purchase a home, your first step is to pre-qualify for a mortgage.  The lender will look at your financial information, bank statements and credit report to determine what loan programs you may qualify for and what you can afford.

• What to Bring: Pre-Qualifying Checklist

After you have met with a partner lender and determine the type and amount of loan you can qualify for with them, NeighborWorks® Anchorage will look at the same information and help determine which of our loan programs can help you attain your dream of home ownership.

• AnCHOR (Anchorage Communities Home Ownership Resource) Loan
• Down Payment Assistance - Targeted Neighborhoods in Municipality of Anchorage
• Down Payment Assistance for Low- to Moderate-Income Families
• GAP Assistance Program