American Trust and Savings Bank was recently recognized by The Iowa Finance Authority for their efforts in assisting first-time and repeat home buyers through Iowa Finance Authority’s programs in 2017. American Trust received a bronze award for loan volumes ranging between $5-$10 million dollars in 2017. As the only Dubuque County lender recognized, the bank assisted 43 homebuyers equaling $5.29 million dollars in loans.
The Iowa Finance Authority offers mortgage and down payment assistance programs for home buyers through a network of participating lenders. Local lenders assisted a total of 2,300 Iowans in purchasing a home using Iowa Finance Authority programs, the most assited in a single year since 2008.