Chenoa Fund

CBC Mortgage Agency, a tribally-owned enterprise of the Cedar Band Corporation, offers the Chenoa Fund, a down payment assistance program aimed at increasing access to homeownership across the United States. With no income limits and a minimum credit score requirement of 600, the program provides multiple second mortgage options, including forgivable and repayable plans, supporting diverse homebuyers regardless of first-time homebuyer status.

Since its inception, the Chenoa Fund has impacted over 50,000 homebuyers by collaborating with approved lenders to provide essential down payment support for FHA loans. The agency emphasizes borrower success through education, further aiming to address barriers to homeownership and enhance the economic stability of families in various communities.

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