Conventional 97 First-Time Buyer Program

 

Our Conventional 97 First-Time Buyer Program helps more families achieve the

Download in printable format here.

homeownership milestone with a 3% down payment, regardless of income

levels or geographic location. 

 

KEY FEATURES

SOLUTION FOR DOWN PAYMENT CHALLENGES
  • Minimum down payment: 3%
BROAD ACCESS
  • No geographic restrictions or income limits 
PROPERTY ELIGIBILITY
  • 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

Eligibility requirements, exclusions and other terms and conditions apply.

Have questions? Contact us today at 732.626.9827 or fill out the form below.