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First Time Homebuyer

Get ready to own it

Thinking about buying your first home? Addition Financial is here to make your dream of home ownership a reality.

Like a decoder ring for real estate agent-speak

You thought the real estate agent was saying the house costs an arm and a leg, but they were actually suggesting you check out an ARM loan. Who knew? Don’t worry, even people who have ridden this roller coaster before have trouble understanding all the jargon. That’s why Addition Financial has friendly local experts who can break it down into plain English for you. We’ll help you through every step, from setting a budget for your house hunt to taking care of all the financial details when you’re ready to close on your new home for the first time.

Put Less Down + Move On Up

One of the greatest challenges most first time homebuyers face is coming up with a down payment. Let Addition Financial turn that roadblock into nothing more than a speedbump with a First Time Homebuyer loan. You can put as little as 3% down on the home you purchase without sacrificing affordable closing costs and a low fixed rate. Now the hardest part will just be choosing the home you want to own!

  • Fixed-rate 30-year term
  • As little as 3% of the purchase price down
  • Affordable closing costs
  • No pre-payment penalties
  • Used for Single family homes (condos and manufactured homes are not eligible)
  • Primary residence only
  • Must have not owned a home in the past 3 years
  • Income limits may apply
  • Homebuyer education course required
 

Why Addition Financial?

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Earn More + Pay Less

Competitive rates on deposits, loans and credit cards.

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Keep It Local

Your money stays right here in the community.

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Money Smarts

School yourself with free financial know-how.

Additional Features and Benefits

HomeAdvantageTM Program*
  • Earn rebates when you buy or sell a home
  • Get tips and tools for buying or selling
  • Research listings, schools, neighborhoods and more
  • Find an experienced real estate agent
 
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Become a homeowner

If you’re paying rent, you’re just paying somebody else’s mortgage and living with their rules. Why not pay your own mortgage instead and have free rein to do whatever you want with the place?
  1. 1
    Review eligibility

    Anyone who lives, works, worships, volunteers or attends school in 22 select counties may join. View our "Become a Member" page for full eligibility.

  2. 2
    Complete loan application

    When you’re ready, complete the online application or visit your branch to apply in person.

  3. 3
    Get your loan

    Move in to your new home.

 

Get your learn on

Think of us as your personal financial guru, partner and coach for wherever life’s journey takes you. To help you live your best life, we offer money management tools, financial literacy seminars and expert advice that’s easy to understand. Start making every moment (and every penny) count.

*A HomeAdvantage approved real estate agent must be used in order to receive a rebate. Program rules can be found at curealty.com. The rebate will be adjusted accordingly if the commission is higher or lower than 3%.