Home$tart Downpayment Assistance Grants
Liberty Bank in conjunction with the Federal Home Loan Bank of Seattle are pleased to be able to offer prospective home buyers a unique federal grant program for home buyers called Home$tart.
Home$tart promotes homeownership by helping homebuyers earning up to 80 percent of area median income, adjusted for family size, purchase a home.
- The Home$tart Program provides $3 for every $1 of a homebuyer's demonstrated funds up to $5,000.
- Home$tart 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$tart Program funds will be made available to qualifying homebuyers who have not previously owned a home in the past three years, as well as to qualifying new first-time homebuyers.
- There are some income qualification guidelines, so be sure to ask your Liberty Bank Mortgage professional for the details of the program.
Since their inception in 1995, Home$tart has granted $44.4 million to help 8,987 eligible homebuyers purchase their first homes (as of July 1, 2013).
Liberty Bank's team of Mortgage Professionals anxiously await your call or email to walk you through the details of the Home$tart Federal Grant Program and help you to qualify and make home ownership a reality.
For more information on our Home$tart downpayment assistance grants,
today at (801) 355-7411.