Mortgage requirements in South Jordan, UT
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CBC Mortgage Agency's Chenoa Fund
β ClosedCBC Mortgage Agency's Chenoa Fund, located at 912 W Baxter Drive in South Jordan, Utah, is a finance institution that aims to support economic stability for home buying families in diverse communities. They offer innovative programs that combat barriers to homeownership, including their down payment assistance program, the Chenoa Fund. Partnering with approved lender partners, CBC Mortgage Agency provides either 3.5% or 5% of the down payment needed to purchase a home with an FHA loan. They focus on setting borrowers up for success by requiring those with a certain credit score to take a homebuyer education course tailored to the Chenoa Fund program through a HUD-approved housing counseling agency.
912 W Baxter Dr, South Jordan, UT 84095, United States
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