Want to get up to $5,000 in cash for down payment and closing costs?
PeoplesBank participates in the FHLB’s First Front Door program which offers up to $5,000 in matching grant funds to eligible first time home buyers. For every $1 you contribute, the First Front Door program will match with $3, up to a total of $5,000, in grant funds to be used toward down payment and closing costs. This is a first come, first serve program and grant funds are limited. To qualify, you must:
Be a first time home buyer (which means you haven’t owned a home within the past three years)
Secure a mortgage through PeoplesBank
Have an income at or below 80% of the area median income
Complete at least four hours of homeownership counseling prior to purchasing the home
Subject to availability.Subject to credit approval of first mortgage. Additional terms and conditions may apply. See a representative for more details.
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