Would $10,000 help you buy a home?

Up to $10,000 grant toward your loan while funds are available.

  • 2024 Program Opened January 16, 2024
  • Maximum grant is lesser of $10,000 or 25% of the first mortgage amount.
  • Minimum $1,000 net homebuyer contribution and must come from the homebuyer’s own resources.
  • Grants are forgiven 1/60th per month over 5 years and secured with a recorded retention agreement.
  • Assisted homebuyers may purchase a property in any state where the member does business
  • Household must have a projected annual income at or below 80% of the area median, as determined by HUD
  • Homebuyer must complete a pre-purchase education course and homebuyer counseling session.
  • Eligible uses of grant funds – down payment and closing cost assistance, escrow reserves and interest rate write-down on a mortgage.

Contact Your Zanger & Associates Agent Today For More Information!