Federal Deposit Insurance Corporation - FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Federal Deposit Insurance Corporation - FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Owning a home is a dream for many families, and we believe access to safe, affordable housing strengthens our entire community. Through the Federal Home Loan Bank (FHLB) Homebuyer Assistance Programs, eligible homebuyers may qualify for up to $20,000 in grant funds to help make that dream a reality.
These funds are available now on a first-come, first-serve basis, so act now!
Qualified borrowers can use grant funds to help with:
Both fixed-rate and adjustable-rate mortgage options are available, and the program is open to first-time and repeat homebuyers who meet eligibility requirements based on income or occupation.
As a community bank with a mortgage team serving North Carolina, South Carolina, and Virginia, we do more than process loans. We invest in our people and in our communities. Our mortgage team takes the time to understand your goals, explain your options clearly, and guide you through every step of the process. Because when more neighbors put down roots, our entire community grows stronger. That’s a purpose bigger than banking.
Grant funds are limited and subject to availability. If you’re thinking about buying a home, now is the time to start the conversation. Connect with one of our mortgage experts today to learn more about this and our other homebuyer assistance programs that can help you move confidently towards homeownership!
Disclosures
1These funds are provided to member institutions, which in turn make them available for qualifying families with incomes at or below 80 percent of the county area median income or the state median family income, adjusted for family size as published by HUD, whichever is higher.
2Household income must be more than 80%, but not exceed 120%, of the area median income.
As a member bank of FHLBank, Movement Bank offers the FHLBank’s Homeowner Assistance Products listed above. The homebuyer must contribute at least $1,000 toward their home purchase. Borrowers must complete a homebuyer counseling program and can receive no more than $250 cash back at closing. This is not a commitment to lend or extend credit. All loans, credit and collateral are subject to approval. Terms, rates, data, programs, information and conditions are subject to change without notice. Not all loans or products are available in all states. Specific program restrictions may apply, so please consult your dedicated Mortgage Loan Officer for complete details.