First-Time Homebuyers

From pre-approval to the closing table, we’re here for you. St. Mary’s Bank is your trusted partner for a worry-free first-time homebuying experience. We can assess your purchasing potential and identify the ideal financing solution to ensure a seamless process from start to finish. 

We specialize in New Hampshire, Massachusetts, and Maine first-time homebuyer programs.

Welcome Home First-time Buyer Program 

Welcome Home opens the door to first-time buyers looking to purchase one-unit residential homes. Eligible borrowers must have a household income at or below the HUD area median income level. Settle into your new home soon with low rates, low down payment requirements.

Low Down Payment Requirement - 97% Financing

Borrowers can purchase a home with very little money down, and a portion or all of the down payment can be in the form of gifts. We also allow up to 6% of the seller credit (based on the sale price) to be used towards closing costs and prepaid expenses.

Please note that homebuyer education is a requirement of this program.
Please select a seminar date and location that's convenient to you.