Kansas Housing Assistance Program, 4% towards buying a home
***** For Immediate Release *****
Great News for Home buyers in Johnson County Kansas
After a 5 year hiatus the Shawnee and Sedwick Bond Fund will be available for First Time Buyers in Johnson County Kansas. The program will provide up to 4% of the homes purchase price towards your down payment and closing cost and will be renamed the Kansas Housing Assistance Program.
Program BenefitsKansas Housing Assistance Program offers:
4% Borrower Cash Assistance for down payment and closing costs
30-year fixed rate high loan-to-value mortgage loans - FHA, VA and USDA Rural Development Loans
QualificationsTo qualify for the Kansas Housing Assistance Program you must:
Have qualifying credit – minimum credit score of 640
Be a first-time home buyer – have not owned a home in the past three years, unless the home to be purchased is in a Qualified Targeted Area Census Tract
Meet income and purchase price limit - see below
Properties can be single family detached homes, duplex (provided one unit owner occupied), semi-detached homes, condominiums, townhomes, or qualified manufactured homes on a permanent foundation.
Home Buyer Income LimitsJohnson County
Per Household
1-2 people $69,900
3 or more people $80,385
Purchase Price Limit Johnson County
$250,200
This program only has a limited amount of funds, so contact the Russell Home Team today at 913-266-5828
Michael Russell is a REALTOR with The Russell Home Team at Keller Williams Realty. Michael specializes in Johnson County Kansas Homes and Real Estate for sale. Michael is a tech savvy realtor with over 13 years experience. Did you enjoy Michael's Blog? Feel free to subscribe or join Michael on his Social Network to stay up to date on Overland Park, Olathe, Leawood, Lenexa, Shawnee and all of Johnson Counties real estate news and more...
Michael Russell and The Russell Home Team can be reached at 913-266-5828 or [email protected] or www.SearchjocoHomes.com
