Down Payment Assistance
Through a variety of local, state and federal programs, there are many ways we may be able to help you with your down payment.

Getting help with your down payment may be easier than you think.

FirstBank Mortgage works with different down payment programs to help reduce or eliminate your cost.

Want to see if you’re eligible?

Want to see if you’re
eligible?

Want to see if you’re
eligible?

Our local experts are more than happy to help.
Our local experts are more than happy to help.
Our local experts are more than happy to help.

How we make it work

FirstBank Borrower Benefit

FirstBank Borrower Benefit

Helps borrowers purchase a single-family, primary residence in low-to-moderate income areas. Funds are available for 5% of the loan amount, up to a maximum of $5,000, for the use on down payment and/or closing costs. Funds will have no interest rate and no associated monthly repayment terms.

Low to No Down Payments

Low to no down payment options are available to qualifying individuals. Our local experts can educate you on the options and provide recommendations on programs that fit your needs.

State Assistance Programs

We participate in multiple statewide assistance programs. These programs vary by state and can include down payment funds secured by a second mortgage, a no-interest loan or even a grant.

Mortgage Tax Credit

The Mortgage Tax Credit Certificate (MCC) is a dollar-for-dollar tax credit of up to 50% of the mortgage interest paid per year, capped at $2,000 annually. Homebuyers can choose to receive immediate savings or to receive the credit once a year when filing federal income tax returns.