First National Bank of Northfield has been awarded grant money to help individuals and families achieve their dreams of owning their own homes. These grants support efforts to provide permanent housing to families and individuals in rural communities.
In addition to first-time homebuyers, these funds may be available to anyone who has not owned a home in the last three years. 
This program has generous income limitations and significant maximum purchase price limits. With exceptionally low long-term mortgage rates, this is an ideal time to find out if you qualify.
- Awards up to $3,000
- Grant money can be used to cover closing costs or put toward your down payment
- Significant maximum purchase price limits (in most cases, $237,031)
- Numerous eligible properties
- Generous income limits
| Household Size | Household Income |
| 1-4 person(s) | $58,320 |
| 5 | $63,000 |
| 6 | $67,680 |
| 7 | $72,320 |
| 8 | $77,000 |
| 9 | $81,680 |
| 10 | $86,320 |
For more information about the qualification details or to find out if you may be eligible, please call Kim Paddock or Becky Behrens at 507-664-0820.
