Our Mission

CBC Mortgage Agency was formed in 2013 by the Cedar Band Corporation, an enterprise wholly owned by the Cedar Band of Paiutes in Utah. CBC Mortgage Agency is a nationally chartered housing finance agency of the Cedar Band and provides down payment assistance for FHA loans and other affordable housing mortgage loan products to qualifying borrowers. CBC Mortgage Agency has used its unique business structure to offer a national down payment assistance program, where most State Housing Agencies operate only within one state.

CBC Mortgage Agency is approved as a Title II, Direct Endorsement Government Entity Mortgagee with the United States Department of Housing and Urban Development (HUD) with the authority to originate, hold and service FHA Title II and Section 184 mortgages. CBC Mortgage Agency is also approved to originate loans through the United States Department of Agriculture (USDA) and its USDA Section 502 Single Family Housing Guaranteed Loan Program. CBC Mortgage Agency operates its nationwide programs in compliance with HUD, FHA and USDA guidelines and takes great care to ensure that the borrowers it assists are capable of sustaining homeownership.

Since its inception, CBC Mortgage Agency has helped thousands of homebuying individuals and families obtain homeownership and has always had a focus on increasing minority homeownership, particularly within the African American, Hispanic and Native American communities. CBC Mortgage Agency is a proud sponsor or a member of the following organizations: National Council of State Housing Agencies, Mortgage Bankers Association (MBA), The Mortgage Collaborative (TMC), NAHREP (National Association of Hispanic Real Estate Professionals), NAREB (National Association of Real Estate Brokers), NAIHC (National American Indian Housing Council) and has created its own initiative to support Native American homeownership called the Kani Urban Indian Housing Initiative.