What is the First Front Door Homebuyer Grant Program?

First-time homebuyers who finance their mortgage through New Tripoli Bank can apply for up to $5,000 in grant assistance through the First Front Door program. These funds can be used to help with your down payment or closing costs. For every $1 you contribute, First Front Door will provide $3 in assistance, up to a maximum of $5,000. Talk to your lender to understand how First Front Door will work with your home purchase.

Who qualifies for First Front Door funding?

To qualify, you must:

  • Be a first-time homebuyer (which means you haven't owned a home within the past three years, or you owned a home only while married but not as a single person within the last three years—this includes a married couple if either has not owned a home in the past three years).
  • Secure a first mortgage through New Tripoli Bank.
  • Have an income at or below 80 percent of the area median income.
  • Not be a student working less than 30 hours per week.
  • Complete at least four hours of homeownership counseling prior to purchasing the home.
  • Agree to maintain the home for five years to retain the full amount of the grant. If a sale occurs before the five years expire, a portion of the grant may be required to be repaid.

What are the benefits of the grant?

  • For every $1 you contribute, First Front Door will provide $3 in assistance, up to a maximum of $5,000
  • $150 processing fee waived
  • $350 document preparation fee waived
  • Convenient payment options... talk to a lender today for more info!

How do I apply for a First Front Door grant?

A New Tripoli Bank mortgage lender will review these and other program requirements with you. Start the process today! Call to make an appointment at (610) 628-1828.

The 2022 First Front Door funding round will open on March 14.

Current Rates

Effective Date: Sunday, May 22, 2022

Mortgage Rates (up to 80% Loan to Value)

TermsPointsAnnual Percentage Rate (APR) Interest Rate Monthly Payment Per $1,000 Borrowed
15 years*
0
4.786%
4.750%
$7.78
15 years*
1
4.687%
4.500%
$7.65
20 years*
0
5.031%
5.000%
$6.60
20 years*
1
4.900%
4.750%
$6.46
30 years*
0
5.276%
5.250%
$5.52
30 years*
1
5.114%
5.000%
$5.37

*APR is based on $100,000.00 loan amount

**Maximum loan to value ratio is 80% (up to 95% allowed with PMI)

"For credit secured by a first lien on a dwelling, payments do not include amounts for taxes and insurance premiums, if applicable, and the actual payment obligation will be greater."