Kansas First Time Homebuyer Program Checklist
A step-by-step checklist for consumers applying for the Kansas First Time Homebuyer Program in 2025.
Confirm Your Eligibility
- Ensure your household income falls within the program’s limits, which vary by county and family size.
- Verify that your credit score meets the program’s minimum requirement, typically 640 or higher. Additional details may be provided by your assigned Loan Officer.
- Confirm that the property you plan to purchase is within the program’s price limits and will serve as your primary residence.
- Determine if you meet the program’s requirement of being a first-time homebuyer or qualifying under exceptions such as purchasing in a targeted area.
Prepare Necessary Documentation
- Collect proof of income, such as recent pay stubs, W-2 forms, or other documentation verifying earnings.
- Gather your tax returns for the past two years, including all schedules and attachments.
- Obtain recent bank statements covering the last two to three months for all financial accounts.
- Prepare property details, such as the address, purchase agreement, and sale price.
- Compile any additional documents requested by your Loan Officer, such as verification of debts, liabilities, or proof of assets.
Work with Your Assigned Loan Officer
- Your assigned Loan Officer will guide you through the Kansas First Time Homebuyer Program application process.
- Schedule a meeting or phone call with your Loan Officer to confirm eligibility, discuss program benefits, and outline the necessary steps to complete your application.
- Ask any questions about program requirements, benefits, or timelines for approval.
- Follow your Loan Officer’s instructions to gather and submit all required materials promptly and accurately.
Complete Your Application
- Work closely with your Loan Officer to accurately complete your application for the Kansas First Time Homebuyer Program.
- Submit all required documents to verify your eligibility for down payment and closing cost assistance.
- Carefully review your application with your Loan Officer to ensure all details are accurate and complete before submission.
- If required, attend a homebuyer education course to meet the program’s prerequisites.
Finalize Your Enrollment
- Sign all necessary documents provided by your Loan Officer to secure your participation in the program.
- Prepare for any additional costs not covered by the program benefits, such as closing fees or prepaid expenses.
- Receive confirmation of your enrollment and detailed instructions on how the assistance will be applied to your home purchase.
Maintain Compliance with Program Terms
- Ensure that the purchased property remains your primary residence for the duration specified by the program guidelines.
- Notify your Loan Officer immediately if you plan to sell, refinance, or make changes to your mortgage, as these actions could impact your program benefits.
- Stay updated on program requirements or changes to maintain compliance and retain your assistance benefits.