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.

Ready to get started? Contact a CBM Mortgage representative for more information
about the CBM Advantage Loan Program or start an application online now:

get approved now

Additional terms and conditions apply. All approvals subject to underwriting guidelines. Not all applicants will qualify. This is an advertisement and not a commitment to lend.