Chenoa Fund Blog

With the unpredictable housing market many lenders and real estate agents are looking for additional ways to grow their business. Buyers are still turning out in droves to get a new home making the home buying market extremely competitive. For lenders and real estate agents, this could lead to opportunity within the market if you’re … Continue reading "Tips for Lenders and Real Estate Agents to Grow Business with Chenoa Fund Down Payment Assistance"

The housing market is hot right now and, in many areas, housing prices have never been higher. This exacerbates an existing problem for many borrowers, specifically how difficult it can be to afford a down payment (and closing costs) when saving takes time and home prices keep growing. Down payment assistance can help alleviate this … Continue reading "4 Successful Down Payment Assistance Strategies For Lenders"

Many loan officers and realtors have been there before. You’ve found an excited borrower, maybe a young family, looking to purchase a home—maybe even for the first time. The process is exciting and daunting for your borrower and your borrower needs a lot of help, advice, encouragement, information–you name it. Still, you can’t help but … Continue reading "My Potential Homebuyer Can’t Afford the Down Payment and Closing Costs. Now What?"

Does anyone still remember 2019? Remember relaxing in your living room, enjoying the view, and looking forward to having friends or family come and visit (in person!) over the weekend? At that idyllic moment, who would have ever imagined that the world would be turned upside-down in just a matter of months and that things … Continue reading "Combating Housing Shortages and Price Increases on Homes"

Down payment assistance needs to provide value for lenders, real estate agents, and homebuyers. Lenders need to be profitable, real estate agents need to combat home buying challenges, and homebuyers need an opportunity to build wealth. With CBC Mortgage Agency’s Chenoa Fund, each party can be satisfied and find the perfect opportunity to take advantage of … Continue reading "How A Down Payment Assistance Program Benefits Lenders, Real Estate Agents And Homebuyers"

Did you know that June is National Homeownership Month? This is a great time to celebrate and recognize being a homeowner or striving to achieve homeownership. Choosing to become a homeowner is an impactful decision that is very rewarding, but following through may take a lot of blood, sweat, and tears. In this article we … Continue reading "Celebrating June’s National Homeownership Month"