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Chenoa Fund is provided through CBC Mortgage Agency (CBCMA), a federally chartered government agency. CBCMA’s mission is to increase affordable and sustainable homeownership, specifically for creditworthy, low and moderate-income individuals. CBCMA partners with quality mortgage lenders on a Correspondent basis.
3.5% Down Payment Assistance forgivable after 3 years of on time payments
3.5% Second mortgage is a 0.00% loan forgivable after three years of on time payments are made on the first mortgage. There is no payment due on the second mortgage.
Homes must meet HUD requirements.
3.5% Down Payment Assistance forgivable after 3 years of on time payments
3.5% Second mortgage is a 0.00% loan forgivable after three years of on time payments are made on the first mortgage. There is no payment due on the second mortgage.
Riverside & San Bernardino Counties: $ 86,595
Los Angeles County: $ 88,895
Orange County: $ 118,450
San Diego County: $ 106,605
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For information purposes only. This is not a commitment to lend or extend credit. Information and/or dates are subject to change without notice. All loans are subject to credit approval.
J Bee & Associates DBA J Bee Home Loans, 13362 Emerald Way, Chino Hills, CA 91709 | (909) 821-7447 | California DRE 02118467 | NMLS 2004628 www.nmlsconsumeraccess.org | Equal Housing Opportunity”.