ONB Down Payment Assistance Program up to $15,000
The Old National Down Payment Assistance Program1 works alongside a HomeReady® or Home Manager mortgage to provide additional down-payment assistance up to $15,000.
Details
- Down Payment Assistance Amount Up To15000
- First-Time HomebuyersYes
Down Payment Assistance Amount (Explanation)
if your home is in certain communities, you could be eligible to receive $15,000 regardless of the purchase price. Or Receive up to 3% of the purchase price, up to a $10,000 maximum, to use toward your down payment.
Funds can be used for:
- Down Payment
- Closing Cost
State(s)
- Minnesota
Occupancy Type
- Primary Home
Role
Loan Officer
Disclosures
1 Funds are limited; subject to availability. Amounts applicable in the eligible following counties (IL) Cook, DuPage, Grundy, Kane, Kendall, Lake, and Will; (MI) Kent and Washtenaw; (IN) Allen and Marion; (MN) Hennepin and Ramsey; (KY) Jefferson; (TN) Cannon, Davidson, Rutherford, Sumner, and Williamson; (WI) Dane and Milwaukee. Specific census tracts and other restrictions may apply. Program conditions subject to change. Old National reserves the right to discontinue program at any time. 2 Subject to credit review and approval. Property insurance required. Some restrictions may apply and program conditions subject to change without notice. Rates are subject to change daily. Contact an Old National Mortgage Lender for product details. The ONB Home Manager Program is available for first-time homebuyers. Borrowers are required to make a minimum contribution from their own funds toward the purchase of the home. All funds will be verified. Additional program qualifications and requirements apply. The Home Ready assistance program is available for home purchase transactions only. Additional program qualifications and income restrictions apply.
Location
5920 Brooklyn Blvd, Minneapolis, MN 55429, USA