Our First Time Homebuyer mortgage is for individuals who: have not owned a home within the past 3 years or owned a home jointly with a spouse, but not individually, within the past 3 years.  This definition includes a married couple if either has not owned a home within the past 3 years. 

Counseling required to prepare for homeownership; including mandatory topic of predatory lending.  Counseling must be completed by at least one adult resident homebuyer.  Maximum loan-to-value is 90%.  No private mortgage insurance required.  Maximum term is 30 years.

Posted rates are for well qualified borrowers.  Final rate determined by credit score.