First-Time Home Buyer Program
Discover a first-time home buyer program that is right for you. Your personal, dedicated Needham Bank expert is here to guide you on your journey home.
Benefits & Features
- Competitive interest rates
- Flexible borrowing options
- Customized quotes
- Dedicated residential loan expert
- Over 130 Years of experience
Already applied for a mortgage?
Residential Mortgages
Buying your first home? Congrats! We have a number of mortgage programs designed to help you pursue this milestone with ease:
Apply for a First-Time Home Buyer Loan
Buying your first home should be exciting, not stressful. Let us make it as easy as possible:
- Personal, dedicated expert available at all times via text, phone, and email
- Competitive first-time home buyer loan rates
- Customized quotes based on your unique financial situation
- 30 years of experience helping our neighbors finance new homes
Frequently Asked Questions
What is a first-time home buyer loan?
A first-time home buyer loan is your ticket to your dream home! This type of mortgage has terms and benefits designed to help you reach the milestone of buying your first home with as little stress as possible.
Who qualifies as a first-time home buyer?
If you’re new to home-buying, voila! You’re a first-time home buyer. You’re also considered a first-time home buyer again if you haven’t owned a home in the last three years. Specific requirements can vary, so get in touch with us to learn more.
How do I get approved for a home loan as a first-time buyer?
Some factors that can help you get approved for a home loan as a first-time buyer include your credit score, income, the size of your down payment, and more. Let us know if you have questions or concerns — over 130 years of experience have made us pretty good at opening the door for new neighbors!
What is the best type of mortgage for a first-time home buyer?
Your perfect mortgage match is out there! We’ll help you explore your options to find a first-time home buyer program with a competitive rate that will help you pursue this milestone no matter your financial situation.
Resources
Should You Rent or Buy a Home?
40-Year Mortgage*
Turn your dream of home ownership into reality with a 40-year mortgage that keeps your monthly payments low. When you partner with Needham Bank, owning a home has never been so easy.
Commitment to Community
We’re not just your bank. We’re your neighbors, and we’re committed to serving you with the same steadfast community values we were founded on. Let’s conquer your finances together.