Home$tart Downpayment Assistance Grants
Liberty Bank in conjunction with the Federal Home Loan Bank of Des Moines are pleased to be able to offer prospective home buyers a unique federal grant program called Home$tart.
Home$tart promotes homeownership by helping homebuyers earning up to 80 percent of area median income, adjusted for family size, purchase a home with a $7,500 HomeStart Grant.
- Home$tart $7,500 grants may be used for down payments and/or closing costs for a single family house, including a condominium or townhouse, to be used as the homebuyer’s primary residence. Grants may be used in combination with funds from other sources.
- Home$tart Program funds will be made available to qualifying homebuyers who have not owned a home in the past three years, as well as to qualifying new first-time homebuyers.
- There are some income qualification guidelines, so be sure to ask your Liberty Bank Mortgage professional for the details of the program.
Since the Home$tart Program was established in 1995, Bank members have disbursed $52.9 million for more than 10,600 families through Home$tart and Home$tart Plus. (As of December 31, 2016)
Liberty Bank’s team of Mortgage Professionals anxiously await your call or email to walk you through the details of the Home$tart Federal Grant Program and help you qualify and make home ownership a reality. See what some of our recent new home buyers are saying about the Home$tart Grant (Click Here) , then see the results of some of our recent transactions by clicking (Here).
For more information on Home$tart down payment assistance grants, contact us today at (801)355-7411.