Down Payment
Assistance Programs
First Place Program
First Place is an affordable low down payment mortgage product designed for creditworthy low- to moderate-income First-time Homebuyers, with expanded eligibility when financing homes in low-income communities.*
First-Time Homebuyer Benefits
- Up to 6% down payment and closing cost assistance
- First-time homebuyer is defined as no homeownership in the last 3 years
- Free homeownership education & advising options empower borrowers to become successful homeowners
- Low Lender closing costs
- Minimum qualifying credit score 640 with Debt-to-Income ratio less than 45%
- Local processing and underwriting
- Borrower income limits apply
*All applications subject to credit approval.
NMLS #554119
