Substantial Down Payment Assistance From Kansas Housing Resources Corporation

Get Significant Help With Your Down Payment

If you’re looking for down payment assistance in Kansas, you’re very fortunate. The Kansas Housing Resources Corporation (KHRC) offers a tremendous program for first time property purchasers who need help coming up with the funds for the down payment.




Kansas Down Payment Assistance
Kansas Down Payment Assistance

The Kansas Housing Resources Corporation has a first time home buyer program that provides up to 20% of the purchase price to be used as a down payment. The assistance comes in the form of a “soft loan,” which means it is forgiven over time. In effect, it is a grant, money that you will never have to pay back:

Income-eligible households that have not owned a home in the past three years may apply for the First Time Homebuyer Program (FTHB). Review the income chartto see  if you may be income eligible. There are certain areas that are not eligible to participate in the program, so the program does not assist properties in the city limits of Topeka, Wichita, Lawrence, Kansas City, nor Johnson County.  Approved applicants will receive a soft loan that is forgiven over time.  The loan may range from 15 to 20 percent of the purchase price of the home, depending on your amount of income. Buyers are required to make a minimum investment of two percent of the sale price.  Participating lenders process the FTHB paperwork along with the first mortgage loan and then applies to the FTHB program for you.

To get complete details and to get the application process started, visit the KHRC webpage.





More Kansas Down Payment Assistance

In addition to this considerable statewide program, you should also check to see if there are additional local first time home buyer programs offered in Kansas that provide additional help that can be applied toward your down payment.