HomeOwnership Now
Owning a home is more affordable than ever! You may be eligible for special financing with a HomeOwnership Now Mortgage, available only at HomeTrust Bank.
Benefits:
- Up to 100% loan-to-value maximum.
- Enjoy a fixed rate loan with no private mortgage insurance required.
- As little as $500 in available funds required from borrower.
- Additional closing costs and down payment assistance is available. Consult with your Loan Officer to learn more.
Qualifications:
- First-time homebuyer or not owned any property in the past 3 years.
- Minimum credit score of 620 to qualify.
- Purchase of primary residence only.
- Borrower or property location must meet program requirements.
All loans are subject to credit approval.
Talk to a HomeTrust Bank Loan Officer for more program information and requirements.
Total qualifying income for all borrowers must not exceed 80% of area median income for the county in which subject property is located OR subject property must be located in a census tract for which the median family income of the tract is less than 80% of area median family income.
No minimum loan amount. Maximum loan amount of $806,500 in 2025. HUD-approved homeownership counseling required. Verification of two-year employment history for all borrowers required. Verification of 12-month rental history with no late payments required. Borrower must not have owned a primary residence, second home or investment property within the past 3 years. Certain property restrictions apply. Hazard insurance, and flood insurance if applicable, are required.
