Chenoa Fund is a national down payment assistance program provided through CBC Mortgage Agency. CBC Mortgage Agency's mission is to support economic stability for homebuying families in diverse communities by offering innovative programs that combat barriers to homeownership.
Our Impact On Homebuyers
CBC Mortgage Agency
CBC Mortgage Agency offers down payment assistance through its Chenoa Fund Program for FHA loans.
Our program offers 3.5% or 5% down payment assistance and includes a repayable and forgivable option.
As a tribally owned, federally chartered, governmental agency, CBC Mortgage Agency strives to increase affordable and sustainable homeownership opportunities nationwide for all creditworthy, low- to moderate-income individuals.
Chenoa Fund offerings:
3.5 or 5% down payment assistance
FHA program offerings with a minimum credit score of 600
Industry-leading customer service that guides homebuyers through the home buying process
18 months of post purchase counseling for homebuyers
Minority-focused initiatives to help educate underserved communities about building wealth through sustainable homeownership
Click below to discover how CBC Mortgage Agency's Chenoa Fund may be able to help lenders, real estate agents and homebuyers.
CBC Mortgage Agency Offers the Chenoa Fund Down Payment Assistance Program
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.
CBC Mortgage Agency NMLS: 1186381 912 W. Baxter Drive, Suite 150 South Jordan, Utah 84095