CBM Advantage Program

cbm-advantage-mortgage-program

Our CBM Mortgage Advantage Program is a CBM-exclusive matching funds loan program for qualified borrowers.

FIRST TIME HOME BUYERS 

Qualified borrowers can receive up to $5,000 to be used towards:

  • Down Payment
  • Closing Costs
  • Financial Counseling

Eligibility requirements include:

  • Total combined household income must be at or below 80 percent of the area median income.
  • Must be the owner/occupant of the home being financed.
  • Must complete recommended home buyer counseling, debt management planning, and default prevention program.
  • Must be a First Time Home Buyers (not owned a house in the past 3 years)
  • Qualified Borrower must put funds into a 4 to 1 match

Eligible Properties:

  • Owner-occupied 1-4 family properties
  • Townhouses
  • Condominiums
  • Primary Residence

COMMUNITY PARTNERS

Qualified borrowers receive up to $7,500 to be used towards:

  • Down Payment
  • Closing Costs
  • Financial Counseling

Eligibility requirements include:

  • Total combined household income must be at or below 80 percent of the area median income
  • Must be the owner/occupant of the home being financed
  • Must complete recommended home buyer counseling, debt management planning, and default prevention program.
  • Qualified Borrower must put funds into a 4 to 1 match

Eligible Properties:

  • Owner-occupied 1-4 family properties
  • Townhouses
  • Condominiums
  • Primary Residence

CBM Mortgage is your hometown lender and would be honored
to be part of the financing process for your next home.

CBM Mortgage is your hometown lender and would be honored to be part of the financing process for your next home.

Ready to get started? Contact a CBM Mortgage representative for more information

about the CBM Advantage Loan Program or start an application online now: