Couple getting keys to their first home.

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

Navigating the home loan process can be confusing and stressful. Thankfully, Addition Financial has friendly local experts who can guide you every step of the way. From setting a budget for your house hunt to taking care of all the financial details when you’re ready to close on your first-time home, we make the process easy and stress-free.

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 speed bump 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!

What to expect after you apply:

We want you to feel prepared as you navigate this application process. Download this checklist to learn about what you'll need to have on-hand once you've hit "submit".

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

Why Addition Financial?

Earn More + Pay Less

Competitive rates on deposits, loans and credit cards.

Keep It Local

Your money stays right here in the community.

Money Smarts

School yourself with free financial know-how.

Husband and wife exercising

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 or attends school in 24 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.