A new home may be within reach.
Get a grant of up to $7,500 toward the purchase of a primary residence with a mortgage loan.
Qualified buyers may be able to purchase a new home in targeted markets, with help from our Grant Program.
Requirements:
• Buyers must purchase a one-unit primary residence within a county on the Grant Targeted Markets list (see back page).
• The grant may be awarded for up to 3% of the home sales price or the home’s appraised value, whichever is less.
The grant will not exceed $7,500.
• The individual receiving the grant is not required to be a first-time homebuyer.2
• Funds may be used toward the home’s down payment, closing costs, or “pre-paids”
(up-front cash payments for things like daily interest accrued between the closing date and the first payment).
• The funds must be used within 120 days of approval.
• The grant may not be paired with any other Truist incentives or promotions.
• This grant is not a loan. Buyers do not need to repay this grant money.
• Certain income restrictions apply.
• Maximum loan amounts apply.
For more information, please don’t hesitate to contact us for a detailed discussion.
