Available for down payment or closing cost assistance
Great news for home buyers! Cedar Rapids Bank & Trust has partnered with the Federal Home Loan Bank of Des Moines to offer $7,500 Home$tart® grants* to be used for down payment or closing cost assistance to qualified home buyers!
The CRBT Home$tart grants are:*
- $7,500 each.
- Awarded on a first come, first-served basis.
- Available to first-time home buyers only.
- Eligible for use on fixed rate and adjustable rate mortgage (ARM) products.
- Provided on a reimbursement basis after home purchase.
- Great with CRBT Community Mortgage loan with low down payment & no required mortgage insurance.**
*Do not need to be a CRBT client. However, must obtain mortgage with CRBT to qualify. Household income must meet qualifications. Grant approval by FHLB Des Moines. Subject to credit approval.
**Restrictions Apply. Additional Qualifications Required. Cedar Rapids Bank & Trust NMLS 456434