SOURCE: BMO Harris Bank

BMO Harris Bank

May 09, 2013 15:22 ET

BMO Harris Bank Grant Program Helps Make Homeownership More Affordable

LEAWOOD, KS--(Marketwired - May 9, 2013) -  BMO Harris Bank has announced 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.

"This source of funding allows BMO Harris Bank to continue our commitment to creating healthy communities, and at the same time spur economic growth," said Robert Vejar, Vice President, Kansas City Mortgage Market Manager, BMO Harris Bank. "We are very supportive of increased homeownership of quality, affordable housing in our local communities."

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 Kansas, Missouri, Arizona, Florida, Illinois, Indiana, Minnesota, 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. Mortgage lenders have been hired across the country to help with the increased volume, and Vejar continues to recruit bankers to join his mortgage team.

Vejar added, "Investments like our Affordable Housing Grant program not only help strengthen our local community but help us establish lasting relationships with our clients."

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:

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 BankSM and BMO HarrisSM are trade names used by BMO Harris Bank N.A. Member FDIC. Equal Housing Lender. NMLS# 401052

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