First-Time Homebuyer Programs
Dreaming of owning your own home? Our first-time homebuyer (FTHB) programs are designed to help make your homeownership goals possible. FTHB programs are available for purchase financing anywhere within our lending area. Contact a Mortgage Consultant or Apply Online today!
| FTHB 5/1 Program | Other FTHB Options | |
| Terms | 5/1 ARM | Fixed or Adjustable |
| Down Payment | Low as 3% | Low as 3% |
| Rates | Check Rates | Check Rates |
| Credit Toward Closing Costs | Up to $2,000* | $500* |
| Property Types | 1-2 Family Homes | 1-2 Family Homes |
| Maximum Household Income | $97,200 | $97,200 |
| Other Requirements | Homebuyer workshop must be completed | Homebuyer workshop must be completed |
* Credit may not be combined with any other offer.
Buy Springfield Now - Participating Lender
PeoplesBank is pleased to participate as a lender in the Buy Springfield Now program. First-Time Homebuyers may choose any of the programs above for their financing needs. Other mortgage options are available for Non-First Time Homebuyers. Please contact a Mortgage Consultant for more details or to apply.
