CHICAGO, IL -- (Marketwired) -- 04/08/13 -- BMO Harris Bank is announcing an affordable housing grant program offering up to $2,000 that can be used towards a down payment or to reduce the closing costs on the purchase or refinance of a primary home.
"BMO Harris Bank continues to be a leader in supporting increased homeownership of quality, affordable housing in our local communities," said Jodi Kikkert, Vice President, CRA Mortgage Market Manager, BMO Harris Bank. "This source of funding allows us to reinforce our commitment to creating healthy communities while spurring economic growth. We believe these investments help strengthen the communities in which we live and work and establish lasting relationships with our clients."
The BMO Harris Bank Affordable Housing Grant program may help put your new home purchase or refinance within reach.
•$2,000 grant can be combined with various products and programs •Grant is available for properties in select counties and select census tracts in Arizona, Florida, Illinois, Indiana, Kansas, Minnesota, Missouri, Washington and Wisconsin •Applicants may also qualify for other closing costs or down payment assistance
BMO Harris Bank has seen a surge in requests for loans as consumers are looking for several choices when financing their home. The bank has launched several product and marketing initiatives targeting the home purchase marketplace in response to consumer demand.
"Consumer reaction to our most recent Spring Campaign offering which provides an interest rate discount to new and existing customers for their home purchase has been tremendous. Our current campaign offering along with our community outreach initiatives have been well received," added Kikkert.
In addition BMO Harris has grown the Mortgage Banker team, by hiring approximately 100 Mortgage Bankers last year to support customers looking for a new loan or refinance an existing loan.
To learn more about this special offer, stop by any BMO Harris Bank branch, call us at 1-888-482-3781 or visit us online at bmoharris.com/grant.
About BMO Harris Bank
BMO Harris Bank provides a broad range of personal banking products and solutions through over 600 branches and approximately 1,300 ATMs in Illinois, Wisconsin, Indiana, Kansas, Missouri, Minnesota, Nevada, Arizona and Florida. BMO Harris Bank's commercial banking team provides a combination of sector expertise, local knowledge and mid-market focus throughout the U.S. For more information about BMO Harris Bank, go to the company fact sheet. Deposit and loan products and services provided by BMO Harris Bank N.A. Member FDIC. BMO Harris Bank(SM) is a trade name used by BMO Harris Bank N.A. BMO Harris Bank is part of BMO Financial Group, a North American financial organization with approximately 1,600 branches, and $542 billion in assets (as of Jan. 31, 2013).
Grant is available for properties located in select counties and select census tracts in Arizona, Florida, Illinois, Indiana, Kansas, Minnesota, Missouri, Washington and Wisconsin and may be subject to income limitations and other applicable restrictions. Grant can only be applied to the purchase or refinance of a primary residence. Banking deposit and loan products and services are provided by BMO Harris Bank N.A., and are subject to bank and credit approval. BMO Harris Bank(SM) and BMO Harris(SM) are trade names used by BMO Harris Bank N.A. Member FDIC.
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