Home$tart®
Home$tart® is a down payment and closing cost assistance program up to $15,000 offered by FHLB Des Moines to qualifying first time home buyers through Frandsen Bank & Trust.
Details
- Down Payment Assistance TypeGrant
- Area Median Income (AMI)80%
- First-Time HomebuyersYes
Eligible Property Types
- Single Family Home
- Condo
- Manufactured Home
Funds can be used for:
- Down Payment
- Closing Cost
Area Median Income (AMI) (Explanation)
Up to 80 percent of area median income for the location of the residence being purchased. Income limits are adjusted based on household size.
State(s)
- Minnesota
Homebuyer Education Requirement Option(s)
- Home Stretch
Occupancy Type
- Primary Home
Financial Instution
Frandsen Bank & Trust
Role
Loan Officer
Location
3585 Hwy 61 N, Vadnais Heights, MN 55110, USA
Reviews (0)
About the listing author
Hello, I'm Lance Elliott | Frandsen Bank & Trust | Loan Officer.
Lance Elliott has been a part of the mortgage industry for more than 14 years, and during this period, he has served in various roles. For over a decade, he has been…
Lance Elliott has been a part of the mortgage industry for more than 14 years, and during this period, he has served in various roles. For over a decade, he has been…
Home$tart®
Home$tart®
Lance Elliott | Frandsen Bank & Trust | Loan OfficerLance Elliott | Frandsen Bank & Trust | Loan Officer