College Graduate Homebuyers Program

Home Loans Mortgages College Graduate Homebuyers Program

Simplifying Home Buying for College Graduates

The College Graduate Homebuyer’s Program is available to anyone who has graduated with a college degree within the last three years. The program provides financing solutions that include reduced down payment requirements, interest rates and closing costs.

 

Program Details

  • Minimum down payment of 3% of purchase price
  • Maximum loan of 30 years
  • Down payment funds can be a gift from a family member
  • Special qualifying guidelines that recognize employment history and potential income
  • Graduate will receive a ¼% interest rate discount from standard FFCU rate
  • Borrower is required to escrow for property taxes and insurance
  • Closing cost reduction of $500
  • Primary borrower must have received a minimum two degree from an accredited school within the last 36 months
  • FFCU FIRST 10 Loan. Borrowers have the same rate for 10 years
  • Other terms and conditions apply
  • Maximum loan amount of $250,000

 

Contact Dan Hillers

If you’re a recent college graduate looking to buy your first home, contact Dan Hillers today!