Are you ready to become a homeowner? We can help! The MyCommunityMortgage® program offers reduced mortgage insurance coverage levels and allows gift funds for full down payment. Contact a loan officer today to learn how you can become a homeowner!
MyCommunityMortgage® Program
What is a MyCommunityMortgage® loan?
This loan program that offers low down payment options and flexible credit terms that make it easier for you to buy the home of your dreams.
Benefits of MyCommunityMortgage® loans
- Low down payment options
- Flexible credit terms
- Stable monthly payments
- Reduced mortgage insurance coverage levels
- Waived or lower qualifying income requirements
- No-cash out refinancing
With this loan program, you may need little or no personal savings for a down payment, since it can come from gifts, grants or loans from relatives, nonprofit groups or employer-assisted housing programs.
*Homeownership education is required for first-time homebuyers for MyCommunityMortgages®.