Our first-time homebuyer (FTHB) programs are designed to help make your homeownership goals possible.

These programs are available for purchase financing anywhere within our lending area. 

Contact a PeoplesBank Mortgage Consultant today or get pre-qualified online.

Advantage

Apply Online

Terms

30 Year Fixed
7/1 ARM
10/1 ARM

Down Payment

As low as 3%1

Rates

Credit Toward Closing Costs

$5002

Property Types

1-2 Family Homes

Maximum Income Limit

$36,950
(Hampden, Hampshire, Franklin, Berkshire)

Other Requirements

Homebuyer workshop must be completed

Plus

Apply Online

Terms

30 Year Fixed
7/1 ARM
10/1 ARM

Down Payment

As low as 3%1

Rates

Credit Toward Closing Costs

$5002

Property Types

1-2 Family Homes

Maximum Income Limit

$88,680
(Hampden, Hampshire, Franklin, Berkshire)

Other Requirements

Homebuyer workshop must be completed

FTHB

Apply Online

Terms

30 Year Fixed
7/1 ARM
10/1 ARM

Down Payment

As low as 5%1

Rates

Credit Toward Closing Costs

$5002

Property Types

1-2 Family Homes

Maximum Income Limit

No Income Limit
(Hampden, Hampshire, Franklin, Berkshire)

Other Requirements

Homebuyer workshop must be completed

 

FTHB Program Advantage Plus FTHB
  Apply Online Apply Online Apply Online
Terms 30 Year Fixed
7/1 ARM
10/1 ARM
30 Year Fixed
7/1 ARM
10/1 ARM
30 Year Fixed
7/1 ARM
10/1 ARM
Down Payment As low as 3%1 As low as 3%1 As low as 5%1
Rates Check Rates Check Rates Check Rates
Credit Toward Closing Costs $5002 $5002 $5002
Property Types 1-2 Family Homes 1-2 Family Homes 1-2 Family Homes
Maximum Income Limit $36,950 (Hampden, Hampshire, Franklin, Berkshire) $88,680 (Hampden, Hampshire, Franklin, Berkshire) No Income Limit (Hampden, Hampshire, Franklin, Berkshire)
Other Requirements Homebuyer workshop must be completed Homebuyer workshop must be completed Homebuyer workshop must be completed

Strengthen your offer and have peace-of-mind with a free pre-qualification letter from PeoplesBank.

PeoplesBank - Best Mortgage Lender 6 Years in a Row

Get Pre-Qualified

  • Know how much house you can afford – no surprises
  • Sellers prefer a proven qualified buyer – separate your offer with a pre-qualification letter
  • Not all pre-qualifications are equal – start with the trusted source

Contact a PeoplesBank Mortgage Consultant today or get pre-qualified online.

 


Legal Information & Disclosures

1 Single family properties only. Other options available. An eligible first-time homebuyer includes any borrower who has not held an ownership interest in a principal residence at any time during the three years preceding the projected closing date of the mortgage to be financed by PeoplesBank.
2 Credit may not be combined with any other offer.

To qualify for a First-Time Homebuyer program, a bank approved homebuyer workshop must be completed.