North Dallas Bank & Trust Co. (NDBT), has unveiled its revamped HomeStart program, a mortgage program designed to make home loans affordable for Dallas residents looking to become first-time homeowners.
The HomeStart program provides loans in amounts up to $246,000. To be eligible for the program, applicants can have a total household income up to a maximum of $77,150 and the home financed must be located within one of the communities served by NDBT.
“Our HomeStart program was created to help families build a solid foundation for their future,” said Larry Miller, president of North Dallas Bank & Trust Co. “We are constantly looking for ways to enhance the services we provide and our HomeStart program is further evidence of that effort. We believe loans provided through this program support community development and enable our borrowers to fulfill their dream of home ownership.”
Properties eligible for the program include single-family detached and attached homes, townhomes, and condominiums. Loans are available for new as well as existing properties. Some restrictions may apply.