First-Time Homebuyer Grants - up to $5,000 for qualified borrowers!


Buying your first home is an important Milestone in your life. Here at MNB we understand that finding the right financing plan is as important as finding a home that fits your lifestyle. That’s why we’re excited to partner with  Federal Home Loan Bank to offer qualified first-time homebuyers a grant of up to $5,000 per household.

The program provides down payment, closing cost and repair assistance to first-time homebuyers earning at or below 80% of the Area Median Income (AMI) for households purchasing or constructing homes in Colorado, Kansas, Nebraska and Oklahoma. These funds are provided to households as a forgivable grant with a five-year retention period.

Program details

  • Applications may be submitted on or after March 5, 2018. Program ends on November 30, 2018 (depending on availability of funds).

  • Maximum amount per household: $5,000

  • Homebuyer education required

  • Income at or below 80% AMI

  • Funds made available: a minimum of  $4.5 million

  • First mortgage to be obtained through MNB

MNB prides itself on providing accessible and feasible financial resources and mortgage products to first-time homebuyers. Please contact our Real Estate Lending Team to determine if you are eligible for First-time Homebuyer funding and to begin your application process.

  Loans subject to credit approval and eligibility requirements

*First-time Homebuyer Product is a grant program of the Federal Home Loan Bank of Topeka. Household income restrictions and other requirements apply. Please see for complete program requirements.