Down payment assistance programs offered by CBC Mortgage Agency are available to first-time homebuyers and existing homeowners in Texas. CBC Mortgage Agency offers its Chenoa Fund down payment assistance in Texas to help low-to-moderate-income individuals and families make homeownership a reality.
Texas Down Payment Assistance
Homebuyers in Texas looking for down payment assistance may apply for Chenoa Fund down payment assistance through an approved lender. CBC Mortgage Agency offers down payment assistance in the form of secondary financing of up to 5% of the home sale price or appraised value, whichever is lower. That amount may be either forgivable or repayable.
CBC Mortgage Agency is Your Trusted Partner
CBC Mortgage Agency has been helping low-to-moderate-income individuals and families achieve their dream of homeownership for ten years. We understand the unique challenges homebuyers face, and we are dedicated to providing affordable solutions through our various programs.
Contact us today and take the first step toward homeownership in Texas!
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By submitting this form I authorize CBC Mortgage Agency to contact me by telephone and/or mobile device (including SMS and MMS text messages) at the number provided through the use of an automatic telephone dialing system or an artificial or prerecorded voice about any application submitted, loan or account, and/or regarding products, services, or promotions available. I authorize CBC Mortgage Agency to contact me even if the telephone number provided is currently listed on a corporate, state, and/or federal Do-Not-Call list(s). I understand that I am not required to give my consent as a condition of purchasing any goods or services from CBC Mortgage Agency. I may revoke my consent at any time by contacting CBC Mortgage Agency at info@chenoafund.org. I understand that messaging and data rates may apply.
The Down Payment Assistance Program Remains Funded All Year Long.
The Chenoa Fund down payment assistance program is not a bond program. This means that CBC Mortgage Agency isn’t at risk of running out of funds for its down payment assistance.
Down Payment Assistance for Qualifying Borrowers With a Minimum Credit Score Requirement of 600.
CBC Mortgage Agency adheres to industry standards when determining the credit score to apply for Chenoa Fund down payment assistance. The lowest middle credit score for the secondary mortgage loan is utilized, and the minimum acceptable score is 600.
NO INCOME RESTRICTIONS.
The Chenoa Fund down payment assistance program does not have income limits.
