First Peoples Community FCU First Time Home Buyer Program
Funding status: Active
How much assistance
Up to 103% financing (up to $200,000 loan amount); no PMI required (Zero-Interest Loan)
Eligibility
- Purchase price limit: $200,000
- First-time buyer required: Yes — First-time homebuyer as defined by lender guidelines.
- Geographic restrictions: Must purchase a home in MD, PA, or WV.
- Homebuyer education required: No
How to Apply for First Peoples Community FCU First Time Home Buyer Program
Step 1: Apply online at firstpeoples.com, call 301-784-3000, or visit any First Peoples branch location. Must have at least two trade lines on credit report with the oldest at least three years old.
Notes
Credit union program offering 103% financing so buyers can roll closing costs into the loan. No PMI requirement is a significant benefit for first-time buyers.