Founded in 2013, CBCMA is a federally chartered housing finance agency, aiding thousands of homebuyers through its national down payment assistance programs. The agency recently expanded its offerings to include USDA loans, providing another avenue for low-to-moderate-income buyers, especially in rural areas, to achieve homeownership.
“Homebuyers who are borderline eligible may find that even a small cut in their monthly housing payments is enough to shift from being renters to owners, opening the door to wealth accumulation through home equity,” Steve Stein, CBCMA chief operating officer, said in a statement.
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