First Time Home Buyer Loan
Why choose Walden Savings Bank if you are a first time homebuyer?
Whether you are buying a home for the first time or haven't owned a home in 3 years, Walden Savings Bank provides its own first time homebuyer program that offers a low 3% down payment. We'll be with you every step of the way. Contact one of our experienced Mortgage Consultants to discuss your options.
First Time Home Buyer
We couldn’t say it better or explain it more simply - our First Time Homebuyer Mortgage features an adjustable interest rate that changes every 5 years. It’s flexible in many ways.
- Low down payment with up to 97% financing with mortgage insurance
- Purchase or Construction
- Index is based upon the 5-year CMT (Constant Maturity Treasury)
- Reduced Application Fee
- Can be combined with grant monies
- No income, geographic or purchase price limitations
Contact one of our Mortgage Loan Consultants to get your process started!