Apply for low-cost mortgage

First-time homebuyers can get a below-market mortgage rate. This program works with lenders to create a special package of first, second and, if necessary, third mortgages to finance a home you can afford.

The type of home you buy can be a single-family detached home, townhouse, condominium, twin-homes or studio.

Properties purchased under the program must be located in an approved County-funded development.

  • The property must be in an area designated for residential housing.
  • It must be occupied by the mortgagors as their principal residence.
  • It must have an expected economic life of not less than 30 years.
  • You cannot rent the property. 

After you have obtained an executed sales contract, the developer will provide you with contact information for an appointment with one of our finance advisors.

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