As a First Time Home Buyer with a 10% down payment, you will receive the same rate as other borrowers with a 20% down payment. There is no Private Mortgage Insurance required.
Life happens. Peoples First Savings Bank works with customers to understand their lives and to responsibly support their financial futures. Life events like divorce, fire, employment changes, and others occur and can have an impact on your ability to obtain money through residential lending at a time when you want or need it most. Unlike most banks, Peoples First has a stake in the community and considers these life events just as much as credit scores. Life is difficult enough. We make topics like refinance or new home construction loans easier by providing expert guidance to fund loans that are right for families and for investors who do business with Peoples First. We do everything we can to assist our customers in a manner that helps ensure long-term success. We also service our own home mortgages, rather than selling the papers to another institution.
When getting a mortgage it is good to compare closing costs. We suggest requesting a Good Faith Estimate to get a breakdown of the fees associated with your loan. At Peoples First Savings Bank, we are proud to be able to offer one of the lowest closing costs in the tri-state area.
Because Peoples First Savings Bank is a “mutual company,” each customer shares in the ownership of the Bank. You can be confident we put your interests first. Our Customer Care Representatives and management are people you know and can trust.
You are not a number. You don’t deserve to be treated like one.