The Federal Home Loan Bank (FHLB) introduced a new program today! It provides $7,500 in down payment or closing cost assistance to law enforcement officers, educators, health care workers, and firefighters who are first-time homebuyers or non-first time homebuyers! This program is available on a first-come, first-served basis as funds are limited. Only a few local lenders can access this program and there are some eligibility restrictions. If you are not in one of the above-mentioned professions, but are still a First Time Buyer, you may also be eligible for the funds!
If you would like to learn more about the program and find out if you are eligible for these funds, please contact me immediately and I will put you in touch with one of our loan officers for pre-qualification.