First-time Homebuyer Program

MountainOne’s $650 First-Time Homebuyer Credit*

Are you a first-time homebuyer? Have we got a deal for you!

MountainOne Bank is pleased to offer a $650.00 credit to first-time homebuyer applicants who have completed an eligible first-time homebuyer education course.

Upon verification of your first-time homebuyer status and the completion of an eligible homebuyer education course, your closing cost credit of $650.00 will be granted at your loan closing.

Talk to a MountainOne Mortgage Guide to learn more!

First-Time Homebuyer Loan Program

At MountainOne, we are pleased to offer a variety of First-Time Homebuyer products, each offering a unique set of benefits to assist first-time homebuyers through the mortgage process. Below are examples of benefits that may be available to eligible borrowers through the programs offered:

• 0% and 3% down payment options
• Down payment gifts may be accepted
• Down payment assistance programs
• Zero closing costs
• Low fixed interest rates
• No Mortgage Insurance (MI)
• Lender Paid Mortgage Insurance (LPMI)
• Financing for single or multi-family purchases
• Financing for purchasing a home in designated rural areas
• Programs for repeat buyers

First-Time Homebuyer Mortgage products are provided through Fannie Mae, Freddie Mac, Massachusetts Housing Partnership, Federal Housing Administration (FHA), and Veterans Administration (VA).