First-Time Homebuyers Program
New Tripoli Bank's lending team will be with you every step of the way. Take the first step by talking to one of our mortgage experts to get prequalified for the right-priced home for you!
- Must be a first time homebuyer.
- Must meet maximum annual income limits (varies by county and number of household members).
- Applicant needs a minimum of 5% down payment.
- Borrowers and property must meet standard underwriting guidelines.
- Borrowers are required to maintain a checking or savings account at New Tripoli Bank with automatic payment deduction for the mortgage payments.
- Introductory interest rate reduction of 0.25% to mortgage loan rates below
- $150 processing fee waived
- $350 document preparation fee waived
- Convenient payment options... talk to a lender today for more info!
For more information, contact our Loan Department at (610) 628-1828.
First Time Homebuyer interest rate reduced by 0.25%
Effective Date: Sunday, September 25, 2022
|Terms||Points||Annual Percentage Rate (APR)||Interest Rate||Monthly Payment Per $1,000 Borrowed|
*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."