First-Time Homebuyer Grants
Grow Your Roots Right Where Your Belong
Midwest Bank and FHLB grants help you plant roots in the community you love – making homeownership possible and strengthening our local neighborhoods.
Federal Home Loan Bank Homeownership Grants for First-Time Homebuyers help you invest in your future, right here at home.
The Federal Home Loan Bank (FHLB) homeownership grants provide valuable financial assistance to eligible first-time homebuyers, helping bridge the gap between the dream of homeownership and financial reality.
Limited funds available starting March 2, 2026. Don’t miss this great opportunity. Complete the form below to get started.
What are FHLB grants?
Federal Home Loan Bank (FHLB) grants are specialized homeownership assistance programs designed to help first‑time homebuyers cover major upfront costs—most commonly down payments, closing costs, and required homebuyer education.
These grants are funded and administered through regional FHLBanks and are distributed on a first‑come, first‑served basis through participating lenders like Midwest Bank.
Benefits of FHLB grants
- Assistance for Moderate to Low-Income Households: The FHLB grants in Nebraska may specifically target moderate to low-income households, aiding those who may face challenges in entering the housing market.
- Reduced Down Payment: One key benefit of the FHLB grants is the potential for a reduced down payment. This can significantly reduce the upfront costs of buying a home.
- Cover Closing Costs: The grant could be used to reduce closing costs for homebuyers.
- Long-Term Financial Benefits: Owning a home is often considered a key element of long-term financial planning. The FHLB grant provides a stepping stone for first-time homebuyers to start building equity and wealth through homeownership, setting the stage for a more secure financial future.
How Midwest Bank lenders can help you
Personalized Service
Our local Midwest Bank lenders take the time to understand your goals, offering guidance tailored to your unique homebuying journey. You’ll work directly with a real person who knows you—not a call center.
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Local Decisions Save You Time and Money
All lending decisions are made locally, which means faster approvals, quicker answers, and a smoother process from start to finish. Less red tape means you can move into your new home sooner.
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Community Roots & Local Economic Support
As a community bank, Midwest Bank invests directly in the neighborhoods we serve. When you work with our lenders, you’re supporting a stronger local economy and helping your community thrive.
Learn more about Midwest BankDon’t wait! Limited Grant Funds Available Starting in March!
Call A Branch Today!Get a FREE consultation with a local lender today to get started.
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Helpful Resources
Subject to credit approval. Subject to terms and conditions of the FHL Bank Homeownership Set-Aside Program, including borrower eligibility requirements. Reservations are accepted on a first-come, first-served basis, subject to limits through September 30, 2026. If program guidelines are not met, the subsidy may need to be repaid.
Home Loans
Whether you’re buying your first home, your next home, or building your forever home, Midwest Bank lenders can help through the entire process. We’ll listen to your needs, walk you through step-by-step what you need to do, and help you celebrate when it’s all said and done.
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Buying a Home
Buying a home with Midwest Bank offers you competitive interest rates, personalized service, and a wide range of financial services, simplifying the borrowing process for you as much as possible.
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