refer a friend
You have friends. We have gift cards. Give the gift of membership.
First-Time Homebuyer Loan
We're eager to help you reach this exciting milestone!
Grants available up to $12,500
Funding available for owner-occupied homes
Properties in the U.S. eligible
We're here to help
To learn more about down payment and closing cost assistance* options, call 410-281-6236 to speak with a Securityplus Mortgage Officer.
Take a confident first step toward homeownership
Life is about to change and we're honored to play a small part. As a first-time homebuyer, you could be eligible for a grant of up to $12,500 to fund your down payment or closing costs. We offer these grants through our partnership with the Federal Home Loan Bank of Atlanta.
If you meet these guidelines, you're eligible:
- Household income must be equal to or less than 80% of median income as developed by the U.S. Department of Housing and Urban Development, adjusted for family size
- Contribute a minimum of $1,000 toward the purchase of the home
- Occupy the home as a primary residence for at least five years
Keep in mind, FHLB funds for home buying grants are available on a first-come, first-served basis until depleted each year, so act quickly.
Buying Your First Home
A home is, without a doubt, one of the largest purchases most people will ever make; luckily this is one of our areas of expertise. There are many types of Mortgages for you to consider as a first-time home owner
- Conventional Fixed Rate Mortgage - A mortgage option with a 15-year, 20-year or 30-year fixed rate. A great option to keep your payments predictable and manageable.
- FHA Mortgage - Great for first time home owners because of the low down payment and maximum loan amount.
- VA Mortgage - Active duty and those who served in the military can qualify for this mortgage with no down payment.
Buying Your First Home
A home is, without a doubt, one of the largest purchases most people will ever make; luckily this is one of our areas of expertise. There are many types of Mortgages for you to consider as a first-time home owner
- Conventional Fixed Rate Mortgage - A mortgage option with a 15-year, 20-year or 30-year fixed rate. A great option to keep your payments predictable and manageable.
- FHA Mortgage - Great for first time home owners because of the low down payment and maximum loan amount.
- VA Mortgage - Active duty and those who served in the military can qualify for this mortgage with no down payment.
Home Buying Tips
- Select a quality Mortgage Lender - like Securityplus! Your Mortgage Lender should provide you with:
- Extraordinary customer service
- Honesty, patience & understanding
- Mortgage loan product(s) that fit your needs
- Flexibility to life changes
- Get pre-approved. Before you select a licensed Real Estate Agent and explore potential homes, get pre-approved by your selected Mortgage Lender.
- Find an agent that's a good fit. When selecting a licensed Real Estate Agent, make sure that he/she is familiar with your desired living area and can accommodate your home buying needs.
- Be cooperative and prepared. Provide all necessary documentation to your Lender in a timely manner.
- Be patient. The mortgage process can be lengthy and challenging. Do not panic if unexpected surprises arise.
Home Buying Tips
- Select a quality Mortgage Lender - like Securityplus! Your Mortgage Lender should provide you with:
- Extraordinary customer service
- Honesty, patience & understanding
- Mortgage loan product(s) that fit your needs
- Flexibility to life changes
- Get pre-approved. Before you select a licensed Real Estate Agent and explore potential homes, get pre-approved by your selected Mortgage Lender.
- Find an agent that's a good fit. When selecting a licensed Real Estate Agent, make sure that he/she is familiar with your desired living area and can accommodate your home buying needs.
- Be cooperative and prepared. Provide all necessary documentation to your Lender in a timely manner.
- Be patient. The mortgage process can be lengthy and challenging. Do not panic if unexpected surprises arise.
Quick Tips
Getting a home loan that fits your budget and lifestyle.
Save for a down payment
Understand your credit score
Know how much you can afford
Compare rates, terms and lenders
Get pre-approved
