Thomaston Savings Bank Launches New Program to Assist First-Time Homebuyers
03/15/2022
Thomaston Savings Bank announced the launch of a new Down Payment Assistance Program available for first-time homebuyers. This program paired with the First-Time Homebuyer Program allows for more financing flexibility to those looking to purchase their first home.
“We are thrilled to be offering a program that is intended to help our customers in conjunction with the First-Time Homebuyer program. This program will assist customers by offering more flexibility in financing their loan. We encourage those who are interested to contact our Mortgage Loan Officers for more information on how they can take advantage of these programs.” – Kelly Crone, VP, Residential Mortgage Officer, Thomaston Savings Bank
The First-Time Homebuyer program assists those who are buying homes in low- and moderate- income census tracts, or low- and moderate-income individuals purchasing homes in any of the Bank’s communities. Program highlights include 3% minimum down payment, no P.M.I (Private Mortgage Insurance), non-traditional or limited credit history and more. The Down Payment Assistance Program is available for mortgages up to $250,000.
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Routing #: 211174259