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:
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.