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No Down Payment*
Means more funds for home furnishings, renovations, or other expenses.
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Designed for First-Time Buyers**
Making it easier than ever for first-time buyers to start their homeownership journey.
100% Mortgage Loan Qualifications & Details
- For first-time home buyers (or have not owned a home in the past 3 years) with an income of $150,000 or less per year
- Members must have paid rent and other credit obligations on time for the past 12 months
- Requires no down payment* or private mortgage insurance payment
- Members still need funds for closing costs, which can come from savings, gifts, or grants
- Maximum loan amount is $500,000
- Program can be used for the purchase of a one-unit primary residence (condominiums are not eligible)
- Members must complete homeownership counseling
Have questions or want more information? Contact our award-winning mortgage department at mortgages@jhfcu.org or 800-543-2870 ext. 505.
★★★★★
"You guys are great and have always gone out of your way to assist me with my loans."
– B.C., Baltimore, MD