CBC Mortgage Agency and Guild Mortgage Launch National Homebuyer Initiative in Charleston

New Initiative to Boost Homeownership Access

In an effort to make homeownership more accessible to a wider range of Americans, CBC Mortgage Agency (CBCMA) and Guild Mortgage have teamed up to launch a significant national initiative aimed at supporting potential homebuyers. The first event to mark this effort will unfold on July 19 in Columbia, South Carolina. This free community event seeks to provide individuals with valuable insights into the home buying process and the financing options available to them.

Events Designed for Aspiring Homeowners

The Future Homebuyer Initiative is a strategic partnership between the CBC Mortgage Agency, renowned for its down payment assistance programs, and Guild Mortgage, a prominent independent mortgage lender. Together, they plan to conduct ten events throughout the country, each designed to enhance financial literacy among potential homebuyers. The initiative intends to equip attendees with fundamental knowledge about credit preparation, financial management, and the housing market dynamics they will encounter in their journey toward homeownership.

The inaugural event will be hosted at the Brookland Banquet and Conference Center in Columbia. It is expected to feature a series of educational workshops tailored to address crucial topics such as credit readiness, private mortgage insurance, and how programs like the Chenoa Fund can assist first-time buyers grappling with affordability challenges. Participants who bring necessary financial documents will have an opportunity to receive pre-qualification for a mortgage on-site, adding a practical element to the educational experience.

Empowering First-Time Home Buyers

Miki Adams, President of CBC Mortgage Agency, emphasized the importance of this initiative, stating that purchasing a home can often be a daunting experience, especially for those lacking access to traditional resources. The goal is to empower first-time buyers with the necessary resources, enabling them to make informed decisions and take substantial steps toward homeownership.

Guild Mortgage's Senior Vice President, Nora Guerra, echoed this sentiment, underscoring their commitment to being a supportive partner for individuals at any juncture of their home buying journey. The initiative promises guidance and support tailored to each attendee’s unique needs.

Moreover, the Columbia event is anticipated to garner attention from various stakeholders, including community leaders and housing advocates, all dedicated to fostering affordable housing opportunities in the area. Presentations from experienced financial educators, mortgage professionals, and HUD-approved housing counselors are on the agenda, alongside opportunities for audience interaction through Q&A sessions and networking events.

How to Participate

Those interested in attending the Columbia event can register online through Guild Mortgage's website at try.guildmortgage.com/columbia-sc-customer-event. This initiative stands as a testament to CBC Mortgage Agency’s ongoing commitment to expand access to homeownership, particularly for low to moderate-income individuals often found in underserved neighborhoods. For over a decade, CBCMA has played a pivotal role in providing down payment assistance, which has been vital in helping many families make their homeownership dreams a reality.

CBC Mortgage Agency, founded in 2013, remains an essential player in championing housing finance solutions that cater to diverse community needs. Similarly, Guild Mortgage Company prides itself on delivering personalized mortgage solutions through a collaborative culture that emphasizes inclusivity.

As the partnership unfolds, both agencies are hopeful that these initiatives will not only educate but also inspire countless Americans to take the leap into homeownership, ultimately reshaping the landscape of affordable housing in communities across the nation.