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Truist CHIP (Community Homeownership Incentive Program)

Truist

Up to $10,000 toward down payment or closing costs (market dependent)
Eligibility: Income limits may apply; property must be in qualifying census tract; $500 minimum borrower contribution
Repayment: Grant — no repayment required
Area: Qualifying LMI or majority-minority census tracts (Charlotte-Concord-Gastonia MSA)
Notes: 0–3% minimum down payment; no mortgage insurance required. 100% financing available for qualifying LMI or majority-minority census tracts within the program's service area.
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