{"id":8963,"date":"2020-04-06T18:36:15","date_gmt":"2020-04-06T18:36:15","guid":{"rendered":"https:\/\/chenoafund.org\/?p=8963"},"modified":"2024-06-21T13:01:09","modified_gmt":"2024-06-21T13:01:09","slug":"rate-advantage-ami-update-to-135","status":"publish","type":"post","link":"https:\/\/chenoafund.org\/rate-advantage-ami-update-to-135\/","title":{"rendered":"20-14: RATE ADVANTAGE AMI UPDATE TO 135%"},"content":{"rendered":"<p><strong>Announcement: <\/strong><\/p>\n<p>Version 8.5 of the Correspondent Lending Guide brings us a small update to one of our overlays.<\/p>\n<p>On our Rate Advantage program and product, we allowed borrowers to have income that did not exceed 115% of the AMI. With this April 6th update, we are increasing that limit to 135% of the AMI, effective today, April 6th. You can see these changes in sections 5.3.2 and 5.7.<\/p>\n<p>A few other minor semantic changes were put into place in this version as well. If you have questions about those semantics, please email info@chenoafund.org.<\/p>\n<p>Thank you for choosing Chenoa Fund!<\/p>\n<p>Thank you,<\/p>\n<p>CBC Mortgage Agency<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Announcement: Version 8.5 of the Correspondent Lending Guide brings us a small update to one of our overlays. On our Rate Advantage program and product,&#8230;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[104],"tags":[42],"class_list":{"0":"post-8963","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-updates-and-announcements","7":"tag-chenoa-fund"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>20-14: RATE ADVANTAGE AMI UPDATE TO 135% - CBC Mortgage Agency<\/title>\n<meta name=\"description\" content=\"Discover the latest updates on Chenoa Fund&#039;s Rate Advantage program, now with AMI eligibility increased to 135%, offering opportunities.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/chenoafund.org\/rate-advantage-ami-update-to-135\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"20-14: RATE ADVANTAGE AMI UPDATE TO 135% - 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