Conventional 97 First-time Buyer Program

Our Conventional 97 First-Time Buyer Program helps more families achieve the homeownership milestone with a 3% down payment, regardless of income levels or geographic location.

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KEY FEATURES

• Minimum down payment: 3%
• No geographic restrictions or income limits
• Primary Single Unit Residences (including condos)

FINE PRINT & ELIGIBILITY

• Primary Single Unit Residences (including condos)
• Borrowers may not have any ownership in any other residential property at time of closing
• Non-owner occupant co-borrowers not permitted

*Eligibility requirements, exclusions and other terms and conditions apply.