NESB Introduces Down Payment Assistance Program
As a community first institution, we believe it is our privilege as well as mission to invest in local area residents. In an effort to support those buying a home, we have developed many unique lending solutions and credit programs. Most recently, the Bank added a new Down Payment Assistance Program to its stable of home financing solutions.
For 2022, the Bank has allocated $500,000 of its own funds to the Down Payment Assistance Program to provide qualified borrowers up to $25,000 in down payment assistance towards purchasing a home. Borrowers may also benefit from lender-paid closing costs or a closing cost credit depending on their income levels and correlating credit score.
“From first-time home buyers to those looking to build their dream home, we have customized solutions to fit nearly every borrower’s needs,” said Aileen Zec, Executive Vice President & Chief Operating Officer. “It is our goal to partner with anyone in the community who wants to become a homeowner.”
In addition to the new Down Payment Assistance Program, the Bank has also introduced several new bespoke loan programs to fit borrowers of all income levels. With options for first-time buyers, veterans, front-line workers, and those with unique financial circumstances, North Easton Savings Bank offers something to help everyone achieve the dream of homeownership.
Learn more by connecting with Dan Horgan or one of the Bank’s other lending experts.