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We’ve got you covered! With the recent events impacting the financial industry, we understand you may have questions, and even concerns, about the safety of your own deposits. First, you can rest assured that as a DIF Member Bank, all deposits with MountainOne are fully insured in excess of existing FDIC coverage. Still feeling unsure? Don’t fret! Our Mountaineers are here to guide you through any uncertainty. It’s in our nature! Learn more.

Loans for First-time Home Buyers

Are you a first-time homebuyer, or do you have friends, family, or neighbors who are thinking about buying? If yes, we want to share this helpful information about the many special 1st Time Homebuyer Mortgage options available at MountainOne Bank.

Our Mortgage options for qualified first-time buyers can include:

  • Mortgages requiring no down payment, or down payments as low as 3%
  • Down payment assistance programs and options that allow gift funds for down payment
  • Some Mortgages with no closing costs required
  • Low fixed interest rates
  • Mortgages that require no MI (Mortgage Insurance) or that offer LPMI (Lender Paid Mortgage Insurance)
  • Options for single or multi-family purchases
  • Financing for purchasing a home in designated rural areas
  • Some programs available to repeat buyers, as well as first-time buyers

These special Mortgages are provided through Fannie Mae, Freddie Mac, Massachusetts Housing Partnership, FHA (Federal Housing Administration), and VA (Veterans Administration).

Inquire Now

Our Mortgage Guides will be able to advise homebuyers about which option may work best for their particular circumstances, and we’ll work to make the process as easy as possible.

Give Us a Call: 877-663-5399