Make your first home purchase a reality for as little as 3% down.
Buying your first home is no small feat. It’s something many of us dream about our whole lives. Spectrum Credit Union created the First-Time Homebuyer Program to simplify the process and make it as affordable as possible — so you can focus
on celebrating this exciting life milestone!
First-Time Homebuyer Program features:
- Down payment as little as 3%*
- Down payment may be 100% gifted
- Program applies to single family homes, condominiums, and manufactured homes that are permanently fixed to the foundation
- Buyer must have credit score of 620 or higher
- Buyer must receive a score of 90% or higher on the “Pathways to Homeownership” course through BALANCE,
our financial guidance partner.