We’re excited to announce the launch of our new First Home Advantage program! We couldn’t be more excited about this chance to provide exceptional service to first-time homebuyers — this new program is an opportunity to level the playing field for those who may have been overlooked in the past due to issues with their credit score.
Under the First Home Advantage program, eligible first-time homeowners will see substantial reductions in offered rates. Borrower eligibility is based upon both their annual income and geography, with different income limits in specific counties. In certain high-cost regions, annual incomes as high as $168,600 are eligible for this program.
This new program builds upon First Home Mortgage’s commitment to delivering exceptional service to all potential borrowers, especially those engaging in the process for the first time. Despite a substantial increase in prevailing mortgage rates in 2022, over 40% of loans originated by First Home Mortgage have been to first-time homeowners. With the launch of the First Home Advantage program, you’re one step closer to your first home!
Even as home prices continue to increase, First Home Mortgage is still able to offer competitive rates to borrowers like you, thanks to the new First Home Advantage program. While the current market presents a challenge, our loan officers can safely guide buyers through the process with confidence and ease. If you’re in the market to buy a home, get in touch with the experts at First Home Mortgage — let’s see if you’re eligible so we can help get you home!