First Time Home Buyer Program

Our First Time Home Buyer Mortgage Program was designed to welcome you to homeownership. We do that by breaking down the home buying process every step of the way. We then help you get pre-approved for your mortgage loan, which can give you an edge when you’re ready to make an offer. Once you’re pre-approved, you’ll know how much home you can afford, and potential sellers will know you are a qualified buyer.

First Time Home Buyer program features:

• Adjustable & fixed interest rate options
• Reduced interest rates
• Financing up to 97% on single-family homes
• No private mortgage insurance (PMI) with 10% down payment*
• Loan limits up to $702,000
• A 60-day rate lock, with a one-time float down

*10% down, no Private Mortgage Insurance (PMI) option available on properties located in a stable or increasing value markets; 15% down, no PMI in declining value markets, as evidenced by a Residential Appraisal Report. Please see a Bristol County Savings Bank Mortgage Consultant for full details on these and other programs offered.