First-Time Home Buyer Program
If you are a first-time home buyer or have not owned a home in the last three years and the maximum selling price of the home is $85,000 or less, Marquette's Hometown Mortgage Program could be your answer.
Our mortgage loan officers will help you every step of the way, and answer any call you make. Click here to find a mortgage loan officer near you.
Single family owner-occupied homes require 3% of the sales price or the appraised value, whichever is less. Two family owner occupied-homes requires 5% of the sales price or the appraised value, whichever is less.
Maximum Selling Price
The current year Housing & Urban Development (HUD) adjusted income levels for low and moderate income families in the applicable county (verified by Marquette underwriting).
Source of Income
Stable and sustainable source of income (verified by Marquette underwriting).
Seller Contribution Limits
Maximum contribution is 3% of property value.