Those in poverty have a long history of troubles when it comes to trying to receive a mortgage to afford a home. Programs and laws have been put into place to help with this issue, and now Associated Bank has initiated their own program: PATH (Program for Assisting Today’s Home buyer).

PATH is a loan program that assist borrowers purchasing or building a primary residence, according to their press release. Eligible borrowers can receive up to $4,000 from a financial assistance grant from Associated Bank along with the Federal National Mortgage Association (FNMA) for down payments and closing costs. The borrower does not have to repay the grant funds.

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