Introducing the Ignite Home Ownership Program—available exclusively from ANBTX Mortgage—with benefits specifically designed with larger financing amounts, lower credit guidelines, and a smaller down payment for customers in certain geographic areas. Plus, you get the support of a trusted local community bank who’s been serving the Dallas community for over 148 years.
For a limited time1, you can choose either a reduced interest rate below ANBTX benchmark or you can apply for a forgivable grant up to $7,500 from ANBTX to pay closing costs and other pre-paid expenses. (Always consult a tax advisor for any potential tax implications.)
*E.g., $300,000 borrowed and 480 monthly payments of $1,650.64 at 6.00% interest rate (6.169% annual percentage rate). The estimated payment does not include amounts for taxes and insurance premiums and the actual payment obligation will be greater.3
1The Ignite Home Ownership Program offers eligible borrowers a choice of a reduced interest rate below ANBTX benchmark or a forgivable grant up to $7,500 to pay for closing costs and other pre-paid expenses. 2While funds last. Consult a tax advisor for potential tax implications. 3Maximum loan amount $726,200 (payment example is reflective of the reduced interest rate below ANBTX benchmark). 4Homebuyer education required for first-time buyers or buyers who have not owned a home in the last three years. 5Property must be located within a >50% Majority-Minority Census Tract (MMCT) as determined by the FFIEC Geocoding/Mapping System with the ANBTX Reasonably Expected Market Area (REMA).
All loans are subject to credit approval and program guidelines. Third-party fees apply.
Equal Housing Lender. NMLS #445248.