Chenoa Fund Rate Advantage Program Down Payment Assistance for FHA Loans Chenoa Fund is an affordable housing program provided through WHY WAS THE CHENOA FUND RATE ADVANTAGE CBC Mortgage Agency (CBCMA), an FHA approved, federally PROGRAM CREATED? chartered...
More
Chenoa Fund Rate Advantage Program Down Payment Assistance for FHA Loans Chenoa Fund is an affordable housing program provided through WHY WAS THE CHENOA FUND RATE ADVANTAGE CBC Mortgage Agency (CBCMA), an FHA approved, federally PROGRAM CREATED? chartered government agency. CBCMA specializes in providing While many people do manage to purchase a home by saving for down payments for borrowers receiving an FHA 1st mortgage. a down payment over a period of years, increasing home prices and stagnant or low wages can make this quite difficult. By helping CBCMA’s mission is to increase affordable and sustainable home- responsible home buyers to overcome the challenge of the minimum ownership, specifically for creditworthy, low and moderate-income investment required for a mortgage, CBCMA is helping to create individuals. CBCMA partners with reputable mortgage lenders healthy communities by improving the balance between home on a Correspondent basis to provide down payment assistance ownersh
Less
