Our CBM Mortgage Advantage Program is a
CBM-exclusive matching funds loan program for qualified borrowers.
FIRST TIME HOME BUYERS
Qualified borrowers may receive up to $12,500 to be used towards:
- Down Payment
- Closing Costs
- Financial Counseling
Eligible Properties:
- 1-4 Owner-occupied
- Townhouses
- Condominiums
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 homebuyer counseling, debt management planning, and default prevention program.
- Must be a First Time Home Buyer (not owned a house in the past 3 years)
- Borrower minimum contribution $1,000 to receive the full amount of grant
COMMUNITY PARTNERS
Qualified borrowers may receive up to $15,000 to be used towards:
- Down Payment
- Closing Costs
- Financial Counseling
Eligible Properties:
- 1-4 Owner-occupied
- Townhouses
- Condominiums
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 homebuyer counseling, debt management planning, and default prevention program.
- Borrower minimum contribution $1,000 to receive the full amount of grant
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:
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.