Federal Housing Administration (FHA) Loan
Federal Housing Administration (FHA) Loan is designed for borrowers with a minimal down payment and lower credit scores. Also offers a ‘streamline refinance’ of an existing FHA loan with minimal documentation requirements.
Federal Housing Administration (FHA203K) Renovation Loan
Federal Housing Administration (FHA203K) Renovation Loan offers financing options for renovations in conjunction with an FHA purchase or refinance. Property appraisals and renovation cost estimates required.
Chenoa Fund CBC Mortgage Agency CBCMA
Chenoa Fund CBC Mortgage Agency CBCMA is a federally chartered, public-purpose government lender. CBCMA created Chenoa Fund to help lenders assist their borrowers to obtain the 3.5% minimum required investment on an FHA loan. Finance of America Mortgage Alaska Branch is partnered to provide this simple program in an effort to increase affordable and sustainable home-ownership opportunities for credit worthy individuals. CBCMA partners with quality mortgage lenders on a correspondent basis to provide down payment assistance for qualified home buyers in the form of second mortgages. All assistance is provided in compliance with FHA guidelines.