Welcome Home Grant
There's a big chunk of grant money waiting to be used by home buyers and it will go fast!
The money we speak of is part of the Welcome Home Grant. This grant is open to qualified applicants purchasing a home in Kentucky. Funds are available March 3, 20251. Let's lock in your money now!
Available in grants to all eligible home buyers.
The grant money can be used for
- Closing costs
- Pre-paids
- Down payments
Allotments may be available to qualified applicants on a first come, first served basis. This grant can be applied to any of our Home Loan products!
Wait, there's more! Combine this grant money with our incredible Mortgage promotion and see even BIGGER savings!
Get the best rate for which you qualify, automatically, between pre-qualification and closing.
One lucky Member will be chosen each month in 2025.
Abound will apply $1,000 in credit towards closing costs at the time of closing.
1 Eligibility is determined by the FHLB. Limited amount of grant money available. Grant is forgiven upon residency of 5 years and 1 day. If property is sold within the first five years, grant money is prorated for repayment. Home must be owner occupied. Home buyers must contribute $500+ of their own funds (60% can be a gift). Additional terms and restrictions may apply, including but not limited to income limits and completion of a satisfactory homebuyer counseling course for first-time homebuyers, ask us for more details.
2 Rates may change daily. Applicant(s) who apply between January 1, 2025 and December 31, 2025 will receive the lowest rate qualified for based on credit application between pre-qualification and issuance of loan Closing Disclosure – typically three (3) days prior to closing. Veteran's Administration (VA) loans are not eligible for Rate Hawk Rate Watch.
3 Once the mortgage loan has completed closing, loan holder will be automatically entered into a sweepstakes drawing for the following month to win up to $1,500 applied to their first mortgage payment. Drawings will be done February 2025 through January 2026 for loans closed January through December 2025. See Sweepstakes rules here at AboundCU.com.
4 Abound will apply $1,000 in credit towards closing costs at the time of closing. Abound's $1,000 closing gift to applicants may be discontinued at any time and without notice. Refinances of current Abound Home Loan products are not eligible for this promotion.