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.
|Apply Online||Apply Online||Apply Online|
|Terms||30 Year Fixed
|30 Year Fixed
|30 Year Fixed
|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.
- 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
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.