Residential Real Estate Loans

• HSP round opens March 4, 2024
• Funds available: $12.9 million
• Maximum subsidy per household: $15,000
• Minimum subsidy per household: $2,500
• Member monthly limit: $105,000
• Reservations will be accepted on a first-come, first serve basis, subject to member limits through Nov. 29, 2024

Kearny County: 

• 1-4 Family Income Limit $61,700
• 5-8 Family Income Limit $81,450

Finney County:

• 1-4 Family Income Limit $63,100
• 5-8 Family Income Limit $83,300

• HOPE is NOT limited to first-time homebuyers
• The household income must be at or below 150% of the Area Median Income
• Homebuyer education is not required
• Loan-to-Value or LTV cannot be less than 80%
• The front ratio or FR may not exceed 38%
• A HOPE subsidy is provided to households as a forgivable grant with a five-year retention period.

Kearny County:

• 1-4 Family Income Limit $115,688
• 5-8 Family Income Limit $152,719

Finney County:

• 1-4 Family Income Limit $118,313
• 5-8 Family Income Limit $156,188

• HOPE round opens March 4, 2024
• Funds available: $4.1 million
• Maximum subsidy per household: $12,500
• Minimum subsidy per household: $2,500
• Member monthly limit: $62,500
• Reservations will be accepted on a first-come, first serve basis, subject to member limits through Nov. 29, 2024
• Reservations will be submitted in HSP Online

Call for income limits on other SWKS counties.

Assistance is completely forgiven after 5 years!