The National Association of Mortgage Brokers (NAMB) has formed a partnership with the Chenoa Fund, a down payment assistance program, to help mortgage brokers better serve first-time and underserved homebuyers who struggle with upfront homebuying costs, the organizations announced on Wednesday.

Through the collaboration, NAMB members will gain enhanced access to Chenoa Fund programs, tools and training aimed at expanding affordable homeownership opportunities across the country. NAMB, founded in 1973, is a national volunteer-led trade group representing mortgage brokers and homebuyers.

The Chenoa Fund program is administered by CBC Mortgage Agency (CBCMA) and provides down payment assistance (DPA) in details ⇒

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