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Gate City Bank First-Time Homebuyer Closing Cost Credit

Administered by:

Gate City Bank
· City · Grant

Funding status: Active

How much assistance

$250 closing cost credit

No repayment required. Credit applied at closing.

Eligibility

  • Income limits:
    No published income limits.
  • First-time buyer required: Yes
    Must be a first-time homebuyer purchasing a primary residence.
  • Geographic restrictions:
    Property must be within 100 miles of a Gate City Bank location. Customer must have a Gate City Bank checking account.
  • Homebuyer education required: No

How to Apply for Gate City Bank First-Time Homebuyer Closing Cost Credit

Step 1: Open a Gate City Bank checking account, apply for a mortgage through Gate City Bank, and the $250 credit is applied automatically at closing for qualifying first-time buyers. Call 701-293-2400 or 800-423-3344 to speak with a mortgage officer.

Notes

Gate City Bank is the #1 mortgage lender in North Dakota and headquartered in Fargo since 1923.

Cities Where This Program Is Available