The Federal Home Loan Bank has created a special fund to assist low to moderate income families who struggle to come up with a down payment.
$5000 Grant Money available to assist borrowers with down payment and closing costs.*
$7500 Grant money available to assist honorably discharged veterans and active duty military homebuyers*
Nelson County Income Guidelines are a 1 to 2 person household $59,616 and 3+ persons household $69,552.
Funds come available on March 4. 2019 and are limited.
*Do not have to be a first-time homebuyer. Must be primary residence and not own any other real estate. Funds are subject to loan approval and borrower using $500 of their own funds for closing.
Call 502-349-9363 for list of lenders that are offering this great opportunity.