Shawn King -- Chenoa Fund

Yesterday, a Federal Judge in St. George, UT issued an injunction blocking HUD from implementing HUD Mortgagee Letter 2019-06.  Details are still emerging, but CBC Mortgage Agency, the plaintiff, will continue its mission to serve low-to-moderate income homebuyers achieve the dream of home owners...

Chenoa Fund, offered by CBC Mortgage Agency, provides 1st and 2nd mortgage products on a national level to home buyers who need assistance with their down payment.   HUD's new rules on Down Payment is the top story of 2019 according to HousingWire.   HUD's mortgagee letter 2019-06 took effect Apr...

Two recent articles analyze the Rental Market and the affordability of renting vs. buying.  The first, a housingwire article, cites a Freddie Mac survey that 82% of renters now view renting as more affordable than homeownership.  Compare this article to a recent Rent Report by Zumper; it states t...

The Chenoa Fund, offered by CBC Mortgage agency--a federally-chartered housing finance agency,  helps borrowers all across the country with our suite of mortgage products.  These products assist homebuyers with their down payment in the form of a 2nd mortgage on both FHA and Conventional products...

Considered by some as the first mobile home, the Conestoga wagon had a curved floor to prevent tipping and shifting during difficult treks.  Chenoa Fund, offered by CBC Mortgage Agency--a federally-chartered housing finance agency, provides options for borrowers who need help with their down paym...

Chenoa Fund, offered by CBC Mortgage Agency, provides 1st and 2nd mortgage products on a national level to home buyers who need assistance with their down payment.  We do this through a channel of approved correspondent lenders in much the same way as local and state Housing Finance Agencies (HFA...

(This Post is written for Lending Companies seeking to offer our products)CBC Mortgage Agency, a nationally-chartered housing finance agency, offers the Chenoa Fund, a program that provides a 96.5% 1st mortgage and a 3.5% 2nd mortgage on FHA Loans.  Lenders use our program like they would their l...

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  In Middleton, you can purchase a home with zero down in Idaho.  One that is special among Canyon County communities is Middleton, ID; because here you can use rural development for a zero down home purchase.  These loans are called section 502 Loans and if you meet eligibility requirements, suc...

Most Real Estate agents and loan officers don't know about Section 184 Native American Loans.  Resources for this program are few and far between, but every year, thousands of people use this valuable program to purchase homes at a steep interest rate discount and with no down payment.  Here is t...