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NAMB, Chenoa Fund partner to expand down payment assistance access
NAMB’s partnership with Chenoa Fund gives mortgage brokers expanded access to down payment assistance tools and training.
The National Association of Mortgage Brokers (NAMB) has formed a partnership with the Chenoa Fund, a The Chenoa Fund program is administered by “By working together, we can better support brokers, strengthen advocacy and education, and create real, measurable value for both organizations while helping more families and communities thrive.”
The partnership includes joint educational initiatives and webinars so brokers can understand program guidelines, eligibility and operational best practices for DPA. Training will focus on how to structure loans with down payment assistance, compliance considerations, and how to reach borrowers who are The collaboration underscores both organizations’ stated focus on housing accessibility and financial inclusion. For brokers, the relationship may streamline how they learn about and deploy DPA in purchase transactions, which can be a competitive differentiator in low-inventory, high-cost markets.
This article was generated using HousingWire Automation and reviewed by a HousingWire editor before publication. The system helps convert company announcements and industry data into HousingWire-style news coverage.
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Originally published by HousingWire Automation
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