Conventional 97 First-Time Buyer Program
Our Conventional 97 First-Time Buyer Program helps more families achieve the
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homeownership milestone with a 3% down payment, regardless of income
levels or geographic location.
SOLUTION FOR DOWN PAYMENT CHALLENGES
Minimum down payment: 3%
No geographic restrictions or income limits
Primary Single Unit Residences (including condos)
FINE PRINT & ELIGIBILITY
At least one borrower must be a 1st time homebuyer (no ownership in last 3 years)
Borrowers may not have any ownership in any other residential property at time of closing
Non-owner occupant co-borrowers not permitted
Certificate required when all borrowers are first-time buyers, at least one borrower must complete the course
Eligibility requirements, exclusions and other terms and conditions apply.
Have questions? Contact us today at 732.626.9827 or fill out the form below.