Home Loan Assistance Programs

Western State Bank is committed to making homeownership more affordable through programs offered in partnership with FHLBank Topeka and Federal Home Loan Bank.

Grant programs and rate reduction programs are available for first time homebuyers, current homeowners wanting to purchase a new home, and homeowners looking to refinance for a better rate.

Keep in mind, all programs are subject to approval, and not all applicants will qualify. Reach out to your local Western State Bank Mortgage Loan Officer for more details and to learn how to apply.

TurnKey Program Grant Details & Qualifications

Individuals may qualify for a specific TurnKey program based on several factors including USDA Area Median Income (AMI) Limits.* Each of the three programs has its own requirements. Please note all loans are subject to approval, and additional grant requirements may apply.

HSP Program

Receive up to $15,000 per household
Exclusively for first-time homebuyers
Household income must be at or below 80% of USDA Area Median Income* (AMI).

HOPE Program

Receive up to $5,000 per household
Household income may be up to 115% of USDA Area Median Income* (AMI).

HSP+ Program

Receive up to $25,000 per household
Exclusively for first-time homebuyers purchasing in specific counties (including Kearney County, Kansas)
Household income of or below 80% of USDA Area Median Income* (AMI).

*USDA Area Median Income (AMI) limits may vary based on household size. Contact us to see if you qualify.

Additional TurnKey Program Qualifications

To be eligible for the TurnKey program, you must

Meet all requirements of the HSP, HOPE, or HSP+ programs.
Use the funds toward purchasing a primary residence.
Obtain a home loan through Western State Bank (In-house home loan options are available for those who do not qualify for a conventional home loan.)
Additional grant requirements may apply, and all WSB loans are subject to approval.

Mortgage Rate Reduction Program

Beginning April 6, 2026, Western State Bank will offer the Mortgage Rate Reduction Program through Federal Home Loan Bank.

This program is open to homebuyers or homeowners who want to refinance to a fixed 5.375% rate*, and applies to 30-year loans only. Eligibility requirements apply. Ask your local mortgage loan officer for details and to see whether this program may be available to you.

*Mortgage Rate Reduction Program interest rate: 5.375% fixed. Annual Percentage Rate (APR)= 5.4646% based on a $150,000 loan. APR will vary based on loan amount, fees, and other factors. Contact a mortgage loan officer for help estimating your APR based on your loan scenario.

How to Apply for Homebuyer Assistance Programs

To apply for the TurnKey program or the Mortgage Rate Reduction Program, simply submit an application for a home loan through Western State Bank. Review our mortgage loan options to get a better idea of prequalification requirements. To seek preapproval for a conventional loan, apply online or in person today. To explore or seek preapproval for our in-house loan options, please contact your local Western State Bank mortgage loan officer.

Your local Mortgage Loan Officer will inform you if you qualify for any homebuyer assistance programs.

Why Work with Western State Bank?

We’re more than just a bank—we’re a community partner dedicated to helping individuals and families achieve their dreams of homeownership. Whether you’re buying your first home or need financing options that fit your unique situation, we’re here to help!