Chenoa Fund by CBCMA is a federally chartered government agency that provided Down Payment Assistance (DPA) under FHA rules. CBCMA’s Focus is to provide responsible homeownership by creating opportunities for people to become homeowners who otherwise would not be able to own homes. We have helped more than 10,000 families throughout America.

We would like to share just a few of the hundreds of stories we have received from borrowers like you, who with the help of the Chenoa Fund, became new homeowners.

Read what people are saying about the Chenoa Fund…

Single mother received the extra assistance needed

I’m a single mom who needed assistance with my down-payment. I didn’t have enough cash to put down on a home so this program was needed. I’m so grateful for this program helping make home ownership possible.

Home provides stability after renting

As a single mom with three teenage children, it was important to me to be able to provide some type of stability after having rented for a while before this year. I considered other options but being in the position I was in, it would not have been possible for me to buy my home if it was not for the Chenoa Fund’s assistance. I cannot express my gratitude enough for this amazing program.

Able to start a new life

I was having trouble getting approved for a loan since I had a bankruptcy two years ago. I can’t thank you enough for approving me. My house makes me feel like an adult again. My son can feel secure knowing we don’t have to move anymore!

With lower credit score was able to buy a home

The down payment assistance program was a God send. My credit score was not very high and my debt to income ratio was high. I found this program was available for assistance. I never imaged being a first homeowner at 47 years old. I was able to utilize the program, purchase my home, and move my 83-old mother in with me. Thank you so much.

Mary P.

Unexpected expenses were overcome to own home

Without the assistance of the Chenoa Fund, we wouldn’t have had the down-payment to purchase our very first home, and we would still be renting. We are so thankful that they were there to help us become happy homeowners. The assistance also allowed us to save the money we did have put aside for other expenses and any unexpected expenses along the way. It feels great knowing that they are on your side and want you to be a successful home owner.

Danielle M.

Having a home has allowed us to grow our family

We are currently a family of 4 but will be adopting a child soon and become a family of 5! Having this home has allowed us to grow our family and be happier than ever. We had some down-payment but not enough. We were able to use what we had to purchase appliances and needed items after we moved in which was a huge help. You guys provide an amazing opportunity to families like us. We are very thankful for the blessing we received Thank you!

Christopher M.

Moved from a very cramped apartment

Your help with providing a down payment assistance allowed our family to move from our very cramped apartment to a home. We did not have a down payment to purchase our home. This helped us so much. We are now able to have enough room for our children. This was God sent for our family. We have 6 kids.

Brandi H.

We live in a better neighborhood

For my family, this was one of the best options that I have come across. We needed to get out of the current neighborhood desperately due to inappropriate neighbors and bullying. The market in our area was going up. We had very little in our savings and had been renting for a LONG time.

“After looking into things and this being an option, it was incredibly easy and efficient to get this handled. Saved us $1000’s from up front out of pocket and now we reside in a home that is about 1.5 times larger and a lot that is double the size. Kids and wife are extremely happy.

Carl C.

We now have a stable environment for growing family

My wife and I used the Chenoa Fund for DPA because we did not have a huge amount of money for the down-payment. Owning a home means the world to us as we can now provide a more stable environment for our growing family. This fund is very beneficial and we are grateful for the opportunity.

Walter N.

Family escaped ever increasing rising rents

With the assistance of the Chenoa Fund, I was able to purchase my home without worrying about a full-down payment. Owning a home means the world to me. I have a place to call my own and I no longer have to worry about rent going up or renewing a lease. I have a place that is now big enough to house my family when they visit out of town. Unexpected expenses come up all the time and being able to keep my savings was amazing.

Melissa D.

Moved closer to work and saved 200 miles a day travel

The down payment assistance program really helped my wife and I purchase our first home. With driving, over 200 miles a day we needed to find something closer to work. We simple looked at renting first, but then once we found an agent that met all of our needs we were sold on buying. Not having to ask for handouts from relatives was a blessing in disguise. We can honestly say we did this all on our own. What an exceptional experience this has been. No headaches or feuds with the family over money. Well done.

Evyn B.

Family is able to reestablish a home near family

Home ownership. Beautiful words. We had owned a home in 1984. And had to sell during the recession in 2008 due to unemployment. We were heartbroken!

“The Chenoa Fund allowed us to purchase a home near family and once again put roots down in a community and nail in the wall of the house that is ours.

“As we had been living paycheck to paycheck with the high cost of renting making up most of our expenses, our savings were non-existent. The help with our down-payment made this purchase possible. We are looking forward to holiday memories in our new home.

Fred & Deborah C.

Family escapes poor rental for new beautiful neighborhood

Down-payment assistance afforded me through the Chenoa Fund meant that I could purchase a home right away instead of having to re-sign a new lease for an overpriced, poorly maintained rental. It was in an undesirable section of town.

“My family loves our new home. The neighborhood is beautiful, safer and has many conveniences close by. We feel blessed to call this house home.

“I worked a lot of overtime to save for an adequate down-payment, but I also had to purchase new furnishings as the previous place had a termite infestation. I also had to save for that expense as well. I worked so much that I did not qualify for other income based assistance, but Chenoa came through for me and my family and I am grateful.

Darlene T.

Secured a home that was always just a little out of reach

Thank you for providing us assistance in purchasing our home. The homes in the area we wanted to live in required down payments that seemed nearly out of reach. Because of your assistance we are living in the home and neighborhood of our dreams. We so appreciate your program and the life it has allowed us to enjoy.

Tilley

Chenoa Fund Believed in Me

Receiving this assistance didn’t just aid me in purchasing a house, I was able to find my dream home at the age of 24. House buying is no picnic, and my experience was no exception. The Chenoa Fund helped the process go so much smoother than I could have ever dreamed. I was able to use money I had saved up to fix my home thanks to Chenoa. Owning a home to me means I don’t just have a roof over my head, I have a safe place to come home to after taking care of my patients as a nurse after a long 12-hour shift. I searched for other funds and lenders but The Chenoa Fund were the ones who believed in me and extended their hand with aid I most desperately needed.

Brittnie S.

Single Mother is able to buy home in desirable area

If I would not have had this assistance, I would not be living in my home. Down-payments are hard to come up with especially when you are already in a bind and not making much money. The fund helped me not only move into my home, but it helped me build my dream house for me and my little one and actually give me an opportunity to live in a nice area. I did not have another source of assistant from anyone else. I am so grateful.

Jessica C.

The new home allowed me to take care of my mother

The down-payment assistance Chenoa Fund provided to me was incredibly important to me. It was needed to help in the care of my Mother. I was able to get pre-approved for a loan which was equally important in order to be competitive when making on offer on a house.

“With Chenoa’s assistance, I was able to locate, make an offer, and move in within 30 days. This allowed me to spend necessary quality time with my Mother the last six months of her life and I am truly grateful.

Kirri M.

We had a home to enjoy my husband’s last days

Thank you so much for the assistance. I had the funds, but needed them for medical expenses. My husband has an illness, for which there is currently no cure. Most importantly, we were living on the second floor of a rented condo and my husband could no longer climb the stairs to the unit.

“We had to move quickly and your loan made all the pieces come together. Without your assistance, we would not be in our beautiful new single-story home.

“This has changed our lives beyond belief and made whatever time my husband has left so very much more enjoyable. It may have even extended his life as he is so happy and under less stress in our new home.

Janet M.

Even with disability, I have a home

I’m on disability. Without you, my 14-year-old and I would not have a home. It is next to impossible to save money. Everyone was helpful.

Jeanette L.

Rising prices stayed ahead of our ability to save

Thank you so much. Without the Chenoa Fund, homeownership would not be possible for this millennial. No family to help us. We saved for our down payment but with prices going up, it wasn’t even close enough to close. We gave up hope and then my mortgage agent found a gift of God, this fund. Finally, we have a home and a cute princess room for my four-year-old daughter who has leukemia. Cannot thank you enough.

Jesse N.

Family able to find larger home to care for mother

We had to move to a larger home to care for my mother-in-law who was diagnosed with lung cancer and could not afford the cost of a care home. We planned to buy in the next couple years, but had to move quickly and the down-payment assistance was very helpful with being able to accomplish that.

Robert T.

Chenoa wants me to be a successful homeowner

After closing on our home, Chenoa Fund has kept in consistent contact to ensure that we are making our mortgage payments on time so that we do not have to pay back the money they provided. It feels great knowing they are on your side and want you to be a successful homeowner.

Danielle M.

Chenoa staff are amazing

Thank you, Chenoa Fund, for your help and keeping in contact with me. Your staff is amazing and very kind. God Bless you all!

Veronica M.

Post-purchase calls, emails/texts are encouraging

The post-purchase calls, emails/texts are encouraging and serve as a regular reminder that we were able to accomplish this feat because there are incredible programs like Chenoa, that are helping ordinary people realize their homeownership dreams.

Gabrielle B.

The program is amazing to follow-up with phone calls and emails.

The program is amazing to follow-up with phone calls and emails.

Shatea P.