Down Payment Assistance
Helping qualified buyers clear the down payment barrier
CBC Mortgage Agency provides down payment assistance and other financing programs that expand access to homeownership, nationwide (Except NY).
Saving for a down payment is one of the biggest challenges many homebuyers face — but it doesn’t have to stand in the way of purchasing a home.
CBC Mortgage Agency created the Chenoa Fund program to help qualified buyers overcome the down payment barrier and take the next step toward homeownership. Through the Chenoa Fund program, eligible borrowers may receive down payment assistance that can be used toward the purchase of a home.
Whether you’re buying your first home or returning to the market, our team is here to help you understand your options, see what you may qualify for, and guide you through the process with clarity and confidence.
Why it helps
Potential Advantages of
Down Payment Assistance
Reduce the upfront cost of buying a home
Down payment assistance may help lower the amount of money you need at closing, making homeownership feel more attainable.
Move forward sooner
Instead of waiting years to save for a larger down payment, qualified buyers may be able to purchase a home sooner with the right assistance program.
Keep more money in your pocket
Using down payment assistance may help you preserve savings for other homeownership expenses, such as moving costs, furnishings, repairs, or emergencies.
Get guidance through the process
Our team can help you understand how the Chenoa Fund program works, what you may qualify for, and how down payment assistance may fit into your homebuying plan.