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Affordable Housing for Everyone

Access a simple down payment assistance program. Purchase a home with little or no cash investment. Achieve the dream of homeownership.

Expanding Your Housing Possibilities

At CBC Mortgage Agency we believe that everyone in America should have access to affordable housing. We believe that by assisting responsible homebuyers to overcome the challenge of the minimum investment required (“MRI”) to purchase a home we are helping create healthy communities by improving the balance between housing and the people who live there.
100% Financing
CBC Mortgage Agency specializes in providing 100% financing for loans insured by the Federal Housing Administration (“FHA”).
Home Buying Tools
CBC Mortgage Agency uses its Chenoa Fund DPA program to help creditworthy families realize the dream of homeownership.
Real Financial TOols

Affordable housing programs to meet your needs

Our affordable down payment assistance program Chenoa Fund helps meet the needs of an underserved population. Because of the restrictions put on lending in recent years, there is a significant need for home financing by those who have good credit and a responsible debt burden, but who have been unable to put aside sufficient funds to provide a down payment. There are also a significant number of borrowers who would rather save the nest-egg they have carefully amassed for a rainy day rather than use it for a down payment.
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Approved Lending

An Approved Government Mortgage Lender

CBC Mortgage Agency was created on May 13, 2013 as a subsidiary of the Cedar Band Corporation, which was created as an arm of tribal government under the constitutional authority of the tribal council of the Cedar Band of Paiutes of the Paiute Indian Tribe of Utah (the “Cedar Band”). The Cedar Band is a Federally Recognized Native American sovereign nation. Formal federal recognition of the Cedar Band occurred on April 3, 1980 with the passage of the Paiute Indian Tribe of Utah Restoration Act (25 U.S.C. § 761, et. seq.). Section 3(a) of that Act states that the federal trust relationship is "restored or confirmed with respect to the Cedar City Band of Paiute Indians of Utah." (25 U.S.C. § 762(a)).
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Your Affordable Home Starts Here

Our affordable housing program helps meet the needs of an underserved population.
Our Mission
Affordable housing for everyone...
Our Programs
Housing programs to meet your needs...
Getting Started
An amazingly easy home-buying experience...
Our Mission

Why CBC Mortgage Agency?

Homeownership isn’t for everyone, but housing is. We believe that by eliminating the down payment assistance barrier we can reduce the competition for rental housing, which in turn helps reduce its cost.

We are committed to assisting a new generation of homeowners to achieve the American Dream and to closing the racial wealth gap through affordable, responsible down payment assistance.
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Our Programs

The Chenoa Fund

Chenoa Fund is a national down payment assistance program that provides families with an affordable option for purchasing a home. Qualified borrowers can receive a second mortgage to purchase a home with little or no cash investment.
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Getting Started

We make home buying enjoyable

CBC Mortgage Agency is a housing financing authority with an approval from the Department of Housing and Urban Development as a Title II Government Lender. CBC Mortgage Agency offers a national program that allows its correspondents to work with one set of simple guidelines in almost every state (Chenoa Fund is not offered in New York). CBC Mortgage Agency works with correspondents who originate, process, underwrite and fund the loans, which they in turn sell to CBC Mortgage Agency.
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Phone

866-563-3507

Email

info@chenoafund.org

Address

912 W. Baxter Drive, Suite 150
South Jordan, Utah 84095

We Are Open:

Mon-Fr: 8AM-5PM MST

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