Part of the Cedar Band of Paiutes family of organizations

Frequently Asked Questions

Kani Urban Indian Housing Initiative sponsored
by Cedar Band Corporation Mortgage Agency
Does Kani provide the down payment assistance for my loan?
The Kani Urban Indian Housing Initiative is sponsored by CBC Mortgage Agency (CBCMA). CBC Mortgage Agency provides down payment assistance to credit worthy borrowers through their Chenoa Fund. For more information about using the Chenoa Fund down payment assistance program please call 866-563-3507.
I live on the reservation can I use the Chenoa Fund down payment assistance?
It Depends on land status of where you intend to buy. Contact a Chenoa Fund representative to discuss further. Currently, the Chenoa Fund down payment assistance is not available to be used on trust property. 

My tribe has a home purchasing program or provides down payment assistance grants. Can I combine that with the Chenoa Fund program?
Yes! Ask your loan officer for specific details.
Do I have to be an enrolled member to use the Chenoa Fund program?
No, the Chenoa Fund program is available to all credit worthy borrowers, regardless of tribal affiliation
Can the Chenoa Fund DPA be combined with HUD section 184?
Yes! Ask your loan officer for specific details.
How much do I have to make to qualify for down payment assistance?
The Chenoa Fund has many different down payment assistance programs. Some programs have income limitations and some do not. Your loan officer will request your paystubs, bank statements and W-2’s and help you determine which program is best for your income.
Due to Covid my income was impacted can I still apply for the Chenoa Fund program?
Yes! Your loan officer will review your income in detail and let you know what Chenoa Fund program best suits your individual situation.
Can I apply for the Chenoa Fund program anywhere in the US?
The Chenoa Fund down payment assistance program is available in every state excluding New York State.
What credit score must I have to apply for the Chenoa Fund program?
The minimum credit score required for the Chenoa Fund down payment assistance program is 620.
How do I check my credit score?
The three major credit bureaus are Experian, Equifax, and TransUnion. It is important that you know your credit score and review all three bureau reports for inaccuracies. You can visit annualcreditreport.com to get your credit scores and credit reports.
A path forward for Native homeownership.
© Copyright 2021 - kanihousing.org - All Rights Reserved
CONTACT US
Connect With Us:
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram