Category Archives: Chenoa Fund Updates

Well, it looks like you have already started step one in the home buying process, research! It can feel daunting once you begin to realize the different aspects of purchasing a home. The good news is lenders and realtors are great resources to help you get into your dream home. With knowledge and the right […]

CBC Mortgage Agency is excited to announce an expansion to Chenoa Fund! Starting September 15th, we are now allowing borrowers to receive 5% down payment assistance through our Rate Advantage product. Buyers, sellers, and lenders, let out a cheer! The current, crazy market is a seller’s market for sure, which can be very difficult for […]

Rates are low, and staying there; Purchase activity goes up, up, up; Refinance now, but don’t forget the purchase market Looking for some direction in this insane market? Unfortunately, there are no big answers, but we can find plenty of small ones, and small answers can point us in the right direction for the long-term. […]

Buying a home is one of the most expensive (if not THE most expensive) purchase you’ll make in your lifetime. Homebuyer Education Webinar September 8, 2020 at 7pm MST REGISTER HERE Who is invited? Everyone! We’ll be focused on the end borrower, but if you are a loan officer or realtor looking for more information […]

FOR IMMEDIATE RELEASE: August 22, 2020 CONTACT: Jamie Morris (530) 545-9274 CBC Mortgage Agency Applauds Cedar Band’s Letter to Congress Band’s Chairwoman Implores Members to Request HUD Consider Long-Term Ramifications of Pending Rule   CEDAR CITY, Utah – CBC Mortgage Agency this week applauded a letter sent to all 535 members of Congress, underscoring serious concerns about […]

FOR IMMEDIATE RELEASE CBC Mortgage Agency Encourages Small-Balance Lending With Additional Lender Incentives Leaders at down payment assistance provider inspired by New York Times story about difficulties minority homebuyers face obtaining small-balance loans   CEDAR CITY, Utah – Aug. 24, 2020 – CBC Mortgage Agency (CBCMA), a nationally chartered housing finance agency and a leading […]

FOR IMMEDIATE RELEASE: August 4, 2020 CONTACT: Jamie Morris (530) 545-9274 CBC Mortgage Agency Hails Cedar Band of Paiute Indians’ Letter to White House Cedar Band’s Chairwoman Implores President Trump to Halt Damaging HUD Restriction on Governmental Entities Providing Down Payment Assistance CEDAR CITY, Utah – CBC Mortgage Agency today applauded a letter (attached) sent […]

CBCMA invites you to join us in a discussion panel sponsored by The Mortgage Collaborative entitled: Bridge the Wealth Gap While Growing Your Business: DPA is the Key. (Click the link to register for the webinar.) This discussion panel will focus on how we as an industry can play a role in assisting minorities to […]

Author: Christian Olin, VP of Direct Lending at OnQ Financial  Unless you plan on living with your parents forever, you’ll need to explore housing options. One of the first decisions you need to make is whether to rent or buy. There are a few factors that play into this choice. Think about how long you’re […]

“We gotta buy the land we walk on.” Not everybody knows this, but Waka Flocka Flame, the infamous rapper, is also a strong advocate for black homeownership. He bought his first home in 2009 and wasn’t even aware of how wealthy that home was going to help make him—he just knew that he wanted a […]