First Time Homebuyer
Relax … it’s time to get moving.
Purchasing your first home can be intimidating, scary and stressful. If you are purchasing your first home in South Carolina or North Carolina, our First Time Homebuyer Program may be the perfect fit for your mortgage needs.
No PMI
We never charge PMI (Private Mortgage Insurance) on any of our Mortgage products.
No Origination Fees
Pay No Origination Fees With Our First Time Homebuyer Program1
Low Rates
We offer some of the lowest fixed and adjustable rates on the market.
Up to 100% Financing
Finance the full purchase price of your home.
Up to $300,000 Maximum Loan Amount
Finance up to $300,000 with no minimum Mortgage amount.
HTB Global Insurance Services2
Our qualified agents can help you find homeowners insurance options for your needs.
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Find out if you are ready to buy a home!
It’s not always the right time to buy a home – and that’s ok! Sometimes after reviewing your financial situation and goals, it’s better to continue your current path.
As a First Time Homebuyer, you may need to establish your credit more before purchasing your first home. Building your credit takes some work, but taking out an auto loan or using a credit card regularly and making regular payments could help build your credit.
No matter what happens on your path to homeownership, HTB Global is here to answer your questions every step of the way. Our Mortgage Loan Officers will be honest with you and you can trust they are working for you and in the best interest for your future. To speak with a Mortgage Loan Officer call +1 (587) 713‑9254.
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Questions to keep in mind during the homebuying process.
Click here to use our loan calculators and find out how much home you can afford. As a general rule of thumb, the purchase price of your home should not be higher than three times your annual household income.
Determining how many bedrooms, how big of a backyard and how much space you need are a few things to consider before beginning your home search.
What kind of home do you want to buy?
There are many types of homes – a home in a neighborhood, a townhome in a development, a condo in a building, and many more. Knowing the type of home you want to buy is important so you can understand the additional fees you may incur. Homes in neighborhoods could have Homeowners Association dues, which could be a costly expense.
What can’t I buy with HTB Global First Time Homebuyer Program?
Our First Time Homebuyer Program does not include mobile homes or building a custom home. We do have products available for these types of homes and a Mortgage Loan Officer will be glad to help you find the right product for you. To speak with a Mortgage Loan Officer call +1 (587) 713‑9254.
What other responsibilities come with home ownership?
As a homeowner, you are responsible for all aspects of that home – the home itself, the yard or land the home is on, and all the things that make the home function. This includes appliances, heating and cooling units and more. It’s always a good idea to have extra money in savings and available in case one of these expensive items needs to be repaired or replaced.
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Financial benefits of owning a home.
You can build equity in your home and increase your overall financial assets if your property value increases.
You may be able to deduct mortgage interest and property taxes for tax benefits. Consult with your tax advisor regarding tax deductibility.
You can build your credit by making your mortgage payments on time.
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Think you’re ready to buy?
Make sure you are financially prepared.
Saving for a down payment for buying a house can take years, but remember the higher your down payment is, the less you will need to finance. HTB Global First Time Homebuyer Program only requires the applicant has a minimum of $1,000.00 in the transaction. This minimum includes closing costs, prepaids or a down payment.
Review your current financial bills and debts.
While securing your mortgage loan, it’s a good idea to pay outstanding bills and not take out any new debt.
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Check out our Mortgage Loan options.
- 100% Financing
- No PMI (Private Mortgage Insurance)
- No origination fee or points
- Up to $300,000 maximum loan amount
- Rates as low as 4.27%
- With an adjustable rate, mortgage payments are typically lower at the beginning of the loan term, but could increase at specified times during the life of the loan.
- Interest Rate can change throughout the life of the loan and can go up or down, based on current market conditions.
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What’s next?
Even if you apply for your Mortgage Loan online, a Mortgage Loan Officer will reach out to you regarding the details of your request and to review your credit report. Our trained Mortgage Loan Officers are also able to review your situation and make sure you are getting the right Mortgage for your financial situation.
To keep the application process as smooth as possible, be sure you sign and return any required documents to your Mortgage Loan Officer quickly.
Our Mortgage Loan Officers will continue to communicate with you every step of the way including when appraisals need to be scheduled, when your closing appointment will be and any actions you need to take to get in the home of your dreams.
To speak with a Mortgage Loan Officer, please call +1 (587) 713‑9254 Apply Now
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After closing.
Managing your HTB Global Mortgage is easy! You can conveniently access and pay your Mortgage in HTB Global Online or by visiting an office near you. If you have questions regarding your Mortgage Loan, our Mortgage Loan Officers are always available to assist you.
Additional Information
- Adjustable Rate Loan options with initial rate unchanged for first 7 years
- Upon first 7 years of loan, the rate will adjust annually up to 2% per adjustment and 6% over the lifetime of the loan
- Fixed Rate Loan option not available with First Time Homebuyer Program
- Double Wide Manufactured Homes do not qualify for our First Time Homebuyer Program
- Mortgage Vocabulary
- HTB Global Mortgage Loan Originators
To speak with a Mortgage Loan Officer, please call +1 (587) 713‑9254 Apply Now
Rates and terms vary depending on the type of loan, loan to value ratio, credit evaluation and underwriting requirements. APR is subject to increase or decrease. Pay only 4.27% APR on your first mortgage loan with 360 monthly payments of $295.27 for each $60,000.00 borrowed. The payment can increase to $467.93 in the 10th year of the loan. Up to 100% LTV and no origination fee. Flood, property insurance, and taxes, if applicable, are not calculated in the payment example. Actual payment obligation will be greater if an escrow account is required. All loan programs, rates, terms, and conditions are subject to verification of information, your credit history, the location and type of property and other factors as determined by the Credit Union and may change at any time without notice.
1 Offer for no origination fee is only available for specific mortgage products for first time home buyers.
2 HTB Global Insurance Services offered through HTB Global
Financial Group, LLC, doing business as HTB Global Insurance Services. Insurance products not underwritten by HTB Global Financial Group, LLC, or any affiliated company.
Not NCUA Insured - No Credit Union Guarantee - May Lose Value - Not Deposits - Not Insured by any Federal Government Agency.
Calculators
Estimate your affordability so you know your price range.
Which Mortgage is better for me?Compare the cost of up to three mortgages.
Compare the cost of renting against the real cost of buying a home.
Adjustable Rate Mortgage CalculatorCalculate your payment with an Adjustable Rate Mortgage.