This is the first of what we are planning to be a weekly newsletter. In the newsletter we seek to provide you with important information about the Chenoa Fund in the form of:
Chenoa Fund released and posted to their website under Program Guidelines the following:
All previous guidelines can be found under Archive: Program Guidelines.
The homeownership rate for Hispanics has jumped in recent years, a fact that could buoy the housing market for years, according to a recent Wall Street Journal 1 article.
The homeownership rate of Hispanics is on the rise according to a recent Wall Street Journal article. It was only three years ago that homeownership for this group was at a 50-year low. Today, Census data shows that it has risen 3.3% which surpasses the homeownership growth rate of 1.3%. Further, while Hispanics account for only 18% of the U.S. population, they accounted for 65% of the homeowner gains. Continue reading….
Over the past month, Chenoa Fund has published a series of posts in the Chrisman Report. You can read the full series on the Chenoa Fund blog in the article: “As Seen in the Chrisman Report.” The most recent post is Monday, October 17.
Chenoa Fund: A Safe and Happy Home: Through the years, Chenoa Fund’s programs have helped more than 17,000 low- and moderate-income borrowers obtain loans and realize long-held dreams of owning a home. When asked what they value most about the experience, most buyers provide a common response: the chance to live in a safe and happy home. Darlene T. recalled the joy she felt at leaving behind her “overpriced, poorly maintained rental” in an “undesirable part of town” and moving into her own house: “The neighborhood is beautiful, safer and has many conveniences close by.” Brittnie S. also was grateful to have a “safe place to come home to” after long shifts as a nurse. For these and other former renters, homeownership provides a sense of security that has a decisive impact on their quality of life. That’s an outcome worth celebrating. Continue….
This week we are introducing a blog article and infographic that you can use in your communications with borrowers such as website, newsletter, email, blog, and social media. The PDF provides four versions to choose from. Each version provides you the ability to enter your personal information.
The title of the article and PDF are: Debunking Homebuyer Down-Payment Myths.
Go to Lenders webpage: Marketing Resources
Download from the following sections:
Chenoa Fund has created a variety of high quality marketing materials you can use for creating interest in CBC Mortgage Agency (CBCMA) products/programs. The resources include:
Each PDF for Lenders has four versions that provide you space for enter your contact information. Information includes:
Chenoa Fund Released a new marketing resource in the form of a report entitled: 2019 State of Down Payment Assistance Report. Click Here
The white paper includes five sections:
Chenoa Fund News Release: October 22, 2019
The post Chenoa Fund Correspondent Newsletter: October 29, 2019 appeared first on Chenoa Fund - Down Payment Assistance.