First Time Home Buyers Program
Buying your first home is exciting! As a trusted community lender with knowledgeable Mortgage Originators, Elmira Savings Bank can help you explore your options and make the process easier for you. Whatever your needs, we offer a variety of mortgage solutions at competitive rates to help you purchase your first home. Below you'll find information to consider in your home-buying decision.
Program highlights include:
- Up to 97% financing
- Closing Cost Assistance (all closing costs paid except for personal attorney fee, abstract fee, transfer tax, interest, property taxes, private mortgage insurance, survey, hazard insurance)
- No maximum income limits
- 1-2 Family Primary Residences (No Manufactured Homes, Condos or PUD's)
- 10, 15, 20 and 30 Year Fixed Rate terms are available
- No Up-Front Fees
HUD defines a first-time homebuyer as someone who has never owned a home before. An individual who has not owned a home for at least three (3) years is also considered a first-time homebuyer.
Ready to apply for Elmira Savings Bank's First Time Homebuyer Mortgage? Start your secure online Mortgage Application now!
