First-Time Homebuyer Loans

Your homebuyer journey starts here

We look forward to helping you finance your first home. If you prefer a digital experience, our Home Loans Central team is standing by to assist you through the mortgage application and keep you informed along the way. Simply click the button to create an account and get started today.

If you're thinking about buying a home in the future, it’s never too early to meet with a lending expert. We invite you to find a local loan officer who will help prepare you for a mortgage including understanding your credit, loan pre-approval and down-payment assistance and grant resources for your unique situation. You will also learn about common first-time homebuyer loans with low down-payment options like FHA, VA, and Banner’s Community Heroes and Affordable Mortgage Program. Find a loan officer today to get started.

First-Time Homebuyer Loan Options:

Affordable Mortgages

Banner Bank's Affordable Mortgage Program (AMP) is ideal for the buyer who doesn't have a large down-payment amount. Finance up to 99% of the home value. 

FHA Loans

FHA Loans are a popular first-time homebuyer loan because they allow as little as 3.5% down. These loans are backed by the Federal Housing Administration and have flexible credit score requirements.

Community Heroes

Our Community Heroes home loan was created for frontline professionals such as educators, medical workers, military and more. See if your profession allows you access to this loan option featuring financing for up to 97% of the home's value.

Mortgages for Veterans
Active and former service members can make the most of their Veterans Affairs (VA) housing benefits to borrow up to 100% of the home's value.

Down Payment Options

One of the common myths about a mortgage is that it requires 20% down. In fact, some home loans require very low or even no money down, or may allow gifts from family members to be put toward the down payment. Additionally, government agencies and community programs offer grants and assistance to buyers who are struggling with financial situations. Your loan officer will help you understand all the available options so you can make the best choice for your situation.

With a Banner Bank home loan, you'll get:

The Homebuyer Journey

Before searching for your dream home, the first step is to get pre-approved. Learn about what to expect when you apply for a home loan in this blog.

Homebuyer Education

If you're looking to buy a home, let us walk you through the process. Our Homebuyer Education workshops are led by our specialists.

Improve Your Credit Score
The higher your credit score, the better your loan rates. That's why knowing your credit score is an important first step. In this blog, we share four steps you can take to improve your credit score.

Ready to own your dream home? Visit our online mortgage application center.