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.