A NEW mortgage option for First-Time Homebuyers!
- With only 5% down1 and no PMI2, now is the time to get More and pay Less on your first mortgage.
- Only 2% down payment required from your own funds, with the rest from gift or grant.
- Lock in a low rate at preapproval with our Lock & Shop program.
- Available for eligible first-time homebuyers in the Bank’s primary lending area3.
1 Mortgage loans are available to qualified applicants who meet Bluestone Bank’s current loan guidelines for owner-occupied single-family residential properties within the Bank’s primary lending area. Borrower must be a first-time homebuyer with household income up to 80% of area median income and a credit score of at least 680. Financing up to 95% loan-to-value purchase, with only 2% minimum contribution from the buyer and remainder by gift or grant. Ask about interest rates and terms available. Offer is subject to credit history, loan amount, loan-to-value and debt-to-income ratios and is subject to change without notice. Some conditions/limitations apply. All loans are subject to credit approval. 2 Private Mortgage Insurance. 3 Available for eligible homebuyers of a single-family home or condominium in Bellingham, Berkley, Bluestone, Carver, Dighton, East Bluestone, Easton, Foxborough, Franklin, Halifax, Hanson, Lakeville, Mansfield, Middleboro, Norfolk, Norton, Pembroke, Plainville, Raynham, Sharon, Taunton, Walpole, West Bluestone & Wrentham.