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Homeownership First-time homebuyers and veterans

 

 

 

Helpful Links

 
bullet Prequalify Online
bullet Download a Brochure
bullet Locate a Lender
bullet Contact Us

Top Performing Lenders
 

The First Place program gives first-time* homebuyers and qualified veterans the edge they need to purchase a home.  Affordable interest rates, in combination with additional incentives offered by MHDC, allow prospective buyers to obtain mortgage financing in a competitive market.

 

To apply, please contact a certified lender or start the process now online.

 
Types of First Place Loans

 

bullet Cash Assistance Loan (CAL) provides cash assistance to first-time homebuyers for down payment and closing costs.

 

bullet Non Cash Assistance Loan (Non CAL) provides first-time homebuyers who do not need down payment and closing cost assistance a lower interest rate.

Homebuyer Tools
 

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Loan Calculator

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Lending & Mortgage Terms

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Homeownership 101

 

 

30 YEAR FIXED

4.50%

4.00%


 

 

 

Return to Homeownership Page

 

 

* First-time homebuyers are defined as those persons who have not owned a home or had an ownership interest in a primary residence for the past three years.

 

 

 

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