Kansas Housing Resources Corporation (KHRC)
The Home Loan Guarantee program helps financial institutions guarantee the gap under loans used for land and building purchases, renovation, and new construction in rural Kansas. Covers financing for land, existing homes, new construction, and home improvements. Provides gap financing to make loans more accessible with specific focus on rural Kansas communities through participating financial institutions.
• Property must be in designated rural Kansas county\n• Work through participating financial institutions\n• Used for purchase, construction, or renovation
• Apply through participating lender\n• Meet lender credit requirements\n• Property in eligible rural area
1. Identify property in rural Kansas\n2. Contact participating financial institution\n3. Discuss loan guarantee program options\n4. Submit loan application\n5. Lender coordinates with KHRC for guarantee