First-Time Home Buyers
The journey to purchasing your first home is exciting and sometimes a bit overwhelming. Educating yourself on the home buying process, understanding the timeline of purchasing a house, and determining your budget and financing options are important tools to have at your disposal. There are various ways to learn about the home buying process, including first-time home buyer classes offered by INHS. To find out more about financing options for first-time homebuyers see below for various lenders who will be more than happy to provide you with information.
- Up to $20,000 in Down Payment Assistance – Available to first-time homebuyers in Chemung, Schuyler, Seneca, Tioga, and Tompkins Counties. Other opportunities available in Cayuga, and Cortland. – 0% interest, $0 monthly down payment assistance – Designed to support low- to moderate-income households
- Homeownership Counseling – Meet with HUD-certified housing counselors – Prepare for challenges & set yourself up for success
- Homebuyer Education – First-time homebuyer courses – Post-purchase classes – Home-inspection classes
First-time Home Buyer Lending Programs
Local lenders have programs available for first-time home buyers. Look into what is available and find out what your options are for securing financing.
1st Priority Mortgage
1st Priority Mortgage
Contact Jennifer Rich at 1st Priority Mortgage to find out what loan options are available and what would work best for your situation.
Mobile: 607-342-1973
Tompkins Trust
Tompkins Trust – Community One Program
Tompkins’ Community One Program offers borrowers the chance to make home ownership a reality with a reduced application fee, and maximum financing with no mortgage insurance for eligible borrowers. This program is available for an owner occupied purchase transaction and is subject to income and other qualifying guidelines.
Contact Bonnie Osadchey for more information on the Community One Program:
Bonnie Osadchey
Mortgage Loan Originator
NMLS #: 1126670
118 E Seneca St
Ithaca, NY 14850
Office: 607-266-5453
Cell: 607-882-1932 | Fax: 607-257-0801
BOsadchey@tompkinsfinancial.com
Website: https://www.tompkinsbank.com/mortgage-bonnie-osadchey
Community Bank
Community Bank
Contact Taryn Schwartz for more information on what options are available at Community Bank.