Closing Costs Loan

We know how important home is to Coast Guard members who must find a new one so frequently. You've worked hard to find and qualify for a house. Now CGMA can help with the final piece: closing costs.

hands shaking with tiny home on the table


Up to $9,000

Type of Assistance

Interest-Free Loan


Active Duty
Civilian Employees
PHS Officers and Chaplains
Retired Military Personnel
Surviving Spouses

Start with Your CGMA Rep

Start with your local CGMA Representative

There are more than 600 Coast Guard Mutual Assistance Representatives to help you.


How to Apply

Gather these documents:

Contact your CGMA Representative to start the process.

What's Covered?

  • This loan is available when buying, selling, or refinancing a primary residence.
  • CGMA also helps with the purchase of alternate living sites, like a mobile home, if that site will serve as the primary residence.
  • The client must be able to qualify for the purchase of the home without CGMA funds.
  • The closing date must be set. Funds can’t be disbursed more than 30 days before closing.
  • Loan repayment can extend up to 60 months, but does not pass the end of enlistment/obligation date.

What's Not Covered?

  • Earnest funds
  • Down payments
  • Escrow costs
  • Investment property
  • Recreational vehicles
  • Purchase of land without dwelling


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