FirstDown Documents
Program Overview, Process, Guidelines & Definitions
First Quarter 2019 Maximum Mortgage Rates for Owner-Occupied Projects
FIRST MORTGAGE 6.51% ------ SECOND OR SUBSEQUENT MORTGAGE 8.51%
Documents are now available below for our new grant. Do not have to be first time homebuyers to qualify. Priority will be given to Large Units, Special Needs and Military Veterans.
WE ARE CURRENTLY ONLY ACCEPTING NEW RESERVATIONS THAT MEET THE FOLLOWING:
1. SPECIAL NEEDS AND/OR MILITARY VETERAN. RESERVATIONS ONLY NEED TO MEET ONE OF THOSE TWO TARGETS. THEY MUST BE AT OR BELOW 80% AMI. -OR-
2. 3-BEDROOM AS LONG AS THE HOMEOWNER IS AT 50% OR BELOW.
FirstDown funds can't be used in conjunction with any other FHLBank of Topeka funding.
Forms
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Note: Reservations are not guaranteed. Income and targets must be somewhat balanced through the entire grant. For example we are not able provide all 80% AMI loans at the beginning. Preference will be given to Special Needs, Large Units and Military Veterans.
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First National Bank of Omaha is the FHLBank Member and their address is 1620 Dodge Street, Omaha, NE 68197
Additional Information
