Home Buyers-Possible 100% Financing Thru CHIPS program

CHIP Program for you? 

Community Homeownership Incentive Program (CHIP) loans puts the dream of homeownership within your reach. CHIP loans from BB&T have many attractive features to help borrowers along the path to owning their own home.


CHIP loans offer home buyers the following benefits:
  • Up to 97% financing on the majority of allowed property types
  • First-time home buyers and previous homeowners eligible
  • Private mortgage insurance waived

Recommended For

A CHIP loan may be right for you if you:
  • Are unsure about qualifying income*
  • Are concerned about funding a large down payment
  • Lack of credit history

Property Types

The following types of property are eligible for CHIP loans: Maximum loan amount varies depending on property location and is subject to change without notice.

*Income cannot exceed 80% of your county median income. Consult your BB&T Mortgage Professional for details.

Learn more information about home buying and selling at Bowie Home Sales.