CBC Mortgage Agency provides down payment assistance and other financing programs that expand access to homeownership, nationwide.
Our Mission
To support economic stability for home buying families in diverse communities by offering innovative programs that combat barriers to homeownership.
Down payment assistance for qualifying borrowers with a minimum credit score requirement of 600.
CBC Mortgage Agency follows industry standards (middle of three, lower of two) for determining which credit score to use for all Chenoa Fund™ credit score requirements. The minimum accepted credit score is 600. Use the lowest middle credit score on the loan.
No income limits.
The Chenoa Fund down payment assistance program does not have income limits.
Multiple second mortgage options to attract a range of borrowers.
A forgivable option and a repayable option is available for the down payment assistance.
Do not have to be a first-time homebuyer.
Being designated as a first-time homebuyer is not part of the eligibility criteria for the Chenoa Fund Down Payment Assistance Program.
Straightforward program guidelines no matter what state your clients are in.
Chenoa Fund down payment assistance is available in all states (except New York) and its guidelines do not change based on which state the borrower resides.
The down payment assistance program remains funded all year long.
Chenoa Fund down payment assistance is not a bond program. CBC Mortgage Agency does not run out of funds for its program.
Our Impact on Homebuyers
Over 50,000 Homebuyers Helped
At CBC Mortgage Agency we work with approved lender partners to provide our down payment assistance program, the Chenoa Fund. Our program offers either 3.5% or 5% of the down payment needed to purchase a home with an FHA loan.
Work With Us
Discover how partnering with CBC Mortgage Agency can help your business grow.
Work With Us
Discover how partnering with CBC Mortgage Agency can help your business grow.
Discover How We May Be Able to Help Lenders, Real Estate Agents and Homebuyers
How We Make a Difference
CBC Mortgage Agency helps home-buying individuals and families achieve and sustain homeownership by focusing on setting borrowers up for success. Borrowers below a certain credit score must take a homebuyer education course uniquely tailored to the Chenoa Fund down payment assistance program through a HUD-approved housing counseling agency.
HOMEBUYER SUPPORT
For general questions regarding your loan, contact our service team at: 866-563-7572 or Send us a Message
Email: servicing@chenoafund.org
MY ACCOUNT / MAKE PAYMENT
PROGRAM DEVELOPMENT TEAM
To contact our sales team, call: 866-563-3507
Email: info@chenoafund.org
Correspondent Lender Log-in
EXCEPTION REQUESTS
For exception requests, please log in here
Don’t have a login? Please email info@chenoafund.org to request a login.
Get Started
Are you looking for specific information about down payment assistance, becoming an approved lender or something else? Fill out the form, and a representative will reach out to you.
Find out where Chenoa Fund is available.
About CBC Mortgage Agency
CBC Mortgage Agency is one of nine tribally owned enterprises of the Cedar Band Corporation. The Cedar Band Corporation is wholly owned by the Cedar Band of Paiutes, which is federally recognized and one of five constituent bands of the Paiute Indian Tribe of Utah, located in southwest Utah. Our Paiute name is Suh’dutsing, which means Cedar, derived from the cedar tree that heavily populates our region. We strive to provide opportunity and prosperity to the Cedar Band of Paiute people. Revenue received by the Cedar Band of Paiutes is used for essential government functions, including social programs.
