First-Time Homebuyer Loan
We offer a loan designed specifically for first-time homebuyers. Our program features low down-payment requirements and tons of cost-savings for you!
What Are the Advantages?
- Only 3% Down: Our program features low down-payment requirements.
- Rate Discount: Take advantage of our special low rates.
- Waived Fees: We waive fees and origination charges.
- No PMI or Government Guarantee Fees: We'll cover the private mortgage insurance (PMI).
- Up to $19,500 for down payment or closing costs: The Homebuyer Dream Program™ is available for eligible homebuyers.
Who Qualifies?
To meet our qualifications for the First-Time Homebuyer Loan, you must:
- Provide a 3% minimum down payment (includes affordable housing grants)
- Live in the property as your primary residence (can be one- or two-family home)
- Must buy a home in our service area
- Meet a minimum credit score
- Meet the income limit (80% or less of the area median income) or buy a home in a low- or moderate-income tract
We’ll look at all of your options together and get the process started. Email or call one of of our mortgage professionals to start the conversation and get a personalized quote.
Roadmap to Closing
If you're considering heading down the path to homeownership for the first time, be sure to take a look at our Roadmap to Closing.