Lighting the Way to Affordable Homeownership
Roscoe Bank wants to help you step into homeownership without the stress of a big down payment.
With our Bright Spark Grant, you can get the extra funds to afford a home in today’s market and start building your family’s wealth for generations to come. The Bright Spark Grant is 100% forgivable – which means you don’t have to repay the assistance, giving you the freedom to enjoy your new home without worrying about added expenses.
Bright Spark Highlights
Grant is 3% of the sales price up to $7,500
Down Payment Contribution
Use the funds toward your down payment
Home purchased must be your primary home
To qualify for the Bright Spark Grant, you must buy a home in Nolan, Fisher, or Bastrop County and:
- Be a first-time home buyer
- Purchase in a low-to-moderate income census tract
- Earn an income less than $58,559 for Nolan County, $58,559 for Fisher County, or $97,839 for Bastrop County*
*The income limit is less than 80% of the applicable county’s Area Median Family Income (AMFI). This informational material is not intended to be an exhaustive list of requirements to qualify for the Bright Spark Grant/CCB Funded Grant Assistance Program. Cornerstone Capital Bank, SSB. NMLS ID# 2258. Not a commitment to lend. Borrower must meet qualification criteria. Additional requirements, restrictions, and underwriting conditions may apply. Speak with your loan officer for details.