Welcome Home Federal Home Loan Bank Program
You Could Get $5k-$7.5k Down Payment & Closing Cost Assistance!
The Welcome Home Federal Home Loan Bank Program is First-Come, First-Served Until Funds Run Out!
Program Starts March 2, 2020
Homebuyers may qualify for a maximum of $5,000
If you are an honorably discharged veteran, active duty military personnel, reservist, or surviving spouse of service personnel you may receive grants up to $7,500
Income limits are based on county
Use of funds are limited to down payment assistance and closing costs
Available for the following:
Federal Housing Administration Loans (FHA)
Veterans Affairs (VA) Loans
Conventional Loans
Rural Housing Loans (RHS)
A 60-day lock period is required, due to FHLB review period
Because of income restrictions, co-borrowers are limited to those occupying the property
First-Time Homebuyers are required to attend credit counseling
Incomes Limits Based On County:
1-2 Persons 3+ Persons
Bullitt $61,120 $70,288
Jefferson $61,120 $70,288
Nelson $63,456 $74,032
Oldham $61,120 $70,288
Shelby $60,960 $70,104
Spencer $73,344 $85,568
Hardin $54,080 $62,192
Call, text, or email me with any questions!
-Monica Dunlap
monica@totallyabouthouses.com
(502) 264-3356