First-Time Homebuyer Program
At Red Oak Mortgage, we started the First-Time Homebuyer Program as a way to help new buyers achieve their homeownership goals, especially in this challenging market where they can easily be priced out.
HIGHLIGHTS
1. No income restrictions
2. Purchase with as little as 0-3% down
3. Waived lender fee & reimbursed appraisal: save up to $2,000!
ELIGIBILITY
1. At least one buyer must not have owned real estate within a 3-year period preceding the application
2. Program benefits are available only at the time of initial application, and cannot be applied to existing applications or loans in process.