Light shining through the keyhole of a wooden door with a bright house visible through the hole.

Turn Key Home Buyer Program

The Homeownership Possibilities Expanded (HOPE) program has finalized grant funding for 2024 and is not accepting applications at this time. Contact us for questions regarding additional mortgage programs.

Union State Bank partners with Federal Home Loan Bank (FHLBank) Topeka to offer grant opportunities for qualified home buyers through their TurnKey suite of products. For more than 25 years, FHLBank Topeka has provided down payment and closing cost assistance to low- and moderate-income homebuyers as part of their commitment to making housing accessible and affordable.

TurnKey products include the Homeownership Set-aside Program (HSP) for low to moderate income first-time home buyers, and the Homeownership Possibilities Expanded (HOPE) for low to moderate income home buyers (not limited to first-time home buyers). 

HOPE grant funds may be used for down payment, closing cost and repair assistance to homebuyers earning at or below 150% of the area median income for households purchasing or constructing homes in Colorado, Kansas, Nebraska and Oklahoma.

Additional grant requirements mandate that at least one adult household member complete a homebuyer education course and provide proof of household income. 

The HOPE grant program is offered in partnership with FHLBank members, such as Union State Bank. FHLBank does not work directly with homebuyers. All of Union State Bank’s mortgage officers are trained to assist home buyers in understanding and completing the grant requirements. 

Grant funds are limited and are available to qualified buyers on a first-come, first-serve basis. Union State Bank is a Equal Housing Lender, NMLS # 412388, Member FDIC.

The HOPE program is limited to low to moderate income households. The 2024 income limits are listed below. Household income includes, but is not limited to, funds received from any of the following sources:
  • Wages and salaries (including overtime, commissions, fees, tips, bonuses, differential pay, housing allowances, and other compensation including health insurance benefits)
  • Income from seasonal and/or non-traditional employment
  • Self-employment and/or rental income
  • Alimony and/or child support payments
  • Payments received for the care of foster children or foster adults
  • Unemployment and/or disability compensation, workers' compensation, and/or severance pay
  • The full, gross amount of periodic payments received from social security, annuities, insurance policies, retirement funds, pensions, disability and/or death benefits, or other periodic receipts
  • Public assistance payments, excluding food stamps
  • Lottery or gambling winnings paid in periodic or lump sum payments
  • Salaries received from a family-owned business

Household includes ALL individuals who currently, or will, occupy the house or residence. Including:
• Non-borrowing adults and children
• Children and adults that will occupy the residence at any time during the year
The HOPE program provides assistance to households earning at or below 150% of the area median income in Kansas and Oklahoma. Income of all household members age 18+ must be included.

County Max Income Limits Household 1-4 Max Income Limits Household 5-8
Butler $110,650 $146,050
Cowley $110,650 $146,050
Chautauqua $110,650 $146,050
Harvey $110,650 $146,050
Marion $110,650 $146,050
McPherson $110,650 $146,050
Reno $110,650 $146,050
Sedgwick $110,650 $146,050
Sumner $110,650 $146,050
* Limits subject to change without notice. Contact Union State Bank loan officer for additional counties or income limits for households of 9+.
The HOPE program provides assistance to households earning at or below 80% of the area median income in Kansas and Oklahoma. Income of all household members age 18+ must be included.

County
 Max Income Limits Household Size 1-4 Max Income Limits Household Size 5-8
Canadian $110,650 $146,050
Kay $110,650 $146,050
Kingfisher $110,650 $146,050
Logan $110,650 $146,050
Nowata $110,650 $146,050
Oklahoma $110,650 $146,050
Osage $110,650 $146,050
Rogers $110,650 $146,050
Tulsa $110,650 $146,050
Washington $110,650 $146,050
* Limits subject to change without notice. Contact Union State Bank loan officer for additional counties or income limits for households of 9+.
Households must agree to use the subsidies to pay for down payment, closing cost, homebuyer education, or allowable repairs in connection with the household's purchase of a home to be used as the household's primary residence.

Allowable repairs: A subsidy may be used to pay for rehabilitation including, but not limited to accessibility, roof, electrical, plumbing, sewer, mechanical, foundation or other structural, windows, doors, floor coverings, wall repair, paint, or hazardous material remediation.

Ineligible Rehabilitation/Repair Costs: A subsidy cannot be used to pay for rehabilitation including, but not limited to construction/repairs of a detached garage or outbuilding, household repair labor (sweat equity), luxury items (i.e., landscaping, hot tubs, swimming pools).

Homebuyer Education Requirement. Recipients must complete a homebuyer education program provided by:
Homebuyer education must be completed within the current or previous calendar year of the purchase closing date. The date of course completion must be visible on the homebuyer education certificate. Only one adult household member must complete the homebuyer education course and be named on the certificate.

Retention Period. Households must agree to a five-year retention period. A household that receives a subsidy for the purchase of an existing, newly-constructed home, or for repairs shall be subject to a deed restriction or other legally enforceable retention agreement or
mechanism ensuring retention for five years (60 months) from the closing date for the purchase of the property as evidenced by the closing document.

A first mortgage loan to value ratio of 80% or greater required. Additional terms and conditions apply. See branch for more information.






 Home Mortgage Disclosure Act Notice: The HMDA data about our residential mortgage lending is available online for review. the data shows geographic distribution of loans and applications; ethnicity, race, sex, age and income of applicants and borrowers; and information about loan approvals and denials. HMDA data for many other financial institutions are also available online. For more information visit the Consumer Financial Protection Bureau's website www.consumerfinance.gov/hmda(Opens in a new Window).