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Independent Bank Joins with Freddie Mac and Fannie Mae to Offer Funds Toward a New Home Purchase

Independent Bank Joins with Freddie Mac and Fannie Mae to Offer Funds Toward a New Home Purchase

FOR IMMEDIATE RELEASE                                                                                                                       

                                                                                                                                        Contact: Lane Solomon

  Independent Bank

                                                                                                                                    616.447.3942

                                                                                                                                    LSolomon@ibcp.com

Independent Bank Joins with Freddie Mac and Fannie Mae to Offer Funds 

Toward a New Home Purchase 



GRAND RAPIDS, Mich. (May 6, 2024) – Independent Bank is excited to partner with Freddie Mac and Fannie Mae to offer qualified borrowers a $2,500 credit to use toward down payment and/or closing costs on the purchase of primary home. Qualified borrower(s) with income at or below 50% of the Area Median Income and obtaining a Freddie Mac Home Possible® or Fannie Mae HomeReady® loan qualify for consideration.

The programs are designed to provide access to affordable housing solutions by expanding access to credit responsibly and providing opportunities for sustainable homeownership for very low-income homebuyers.

To learn more about Freddie Mac and Fannie Mae mortgage programs, and to see if you qualify, please visit https://www.independentbank.com/personal/mortgages/.

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