Supporting Low and Moderate-Income Homebuyers
Some affordable lending programs are based on borrower income. Others may take into account where the home is located, whether the buyer is purchasing a first home or other program-specific requirements. For buyers who qualify, these programs may provide lower down payment requirements, assistance with down payment or closing costs, or financing structures intended to make homeownership more attainable.
In some cases programs offer lower fee/rate options.
Expanding Access in Underserved Communities
1st Security Bank is committed to increasing awareness of home lending products and services throughout the markets we serve, including low- and moderate-income communities and majority-minority census tracts.
Our approach is centered on broader awareness, equal access to credit, community engagement and helping prospective buyers understand the financing programs available to them. Loan eligibility and terms are determined under the applicable program requirements and our lending standards, without regard to race, color, religion, national origin, sex, familial status, disability or other protected characteristics.
Helping Buyers Take the First Step
A buyer does not need to know which program to ask for. That is our job.
A 1st Security Bank loan officer can review the buyer's goals and circumstances, explain available programs and help determine which options may fit. Even for someone who is not ready to purchase today, understanding available financing and assistance programs can be an important first step.