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FirstDown Documents

FirstDown Documents

Program Overview, Process, Guidelines & Definitions
Second Quarter 2022 Maximum Mortgage Rates for Owner-Occupied Projects
FIRST MORTGAGE 6.67% ------  SECOND OR SUBSEQUENT MORTGAGE 8.67%

STARTING 4/29/2022 APPLICATIONS MEETING THE SPECIAL NEEDS AND/OR MILITARY VETERAN TARGET MUST BE AT OR BELOW 80% AMI. APPLICATIONS MEETING THE LARGE UNIT AND/OR LOCATED WITHIN A NEIGHBORHOOD REVITALIZATION AREA/STABILIZATION PLAN TARGET MUST BE AT OR BELOW 60% AMI UNLESS THEY ALSO MEET THE SPECIAL NEEDS AND/OR MILITARY VETERAN TARGET.  ONLY ONE OF THE ABOVE TARGETS ARE REQUIRED BUT CONTINUE TO SHOW ALL THAT YOU CAN ADDRESS. 

APPLICATIONS MEETING THE FHLBANK OF TOPEKA MEMBER FINANCIAL PARTICIPATION AND/OR ABATEMENT OF HAZARDOUS ENVIRONMENTAL CONDITIONS MUST ALSO MEET ONE OF THE OTHER TARGETS ABOVE. 

FirstDown funds can't be used in conjunction with any other FHLBank of Topeka funding.

Forms

Additional Information


Contact Amber Marker at amber@housingdevelopers.org or (402) 435-0315 x2 with any questions.

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