Affordable 97 mortgage
Designed to make homeownership more accessible, our 97% loan-to-value (LTV) mortgage ensures you're ready for the big step with just a 3% down payment.[1]
Apply online, through a branch or call us at 877-536-3286.
Buy a home with less money down
Low down payment
No borrower paid mortgage insurance
Pledged-asset option
Fixed rate for stable monthly payments
Benefits of Affordable 97 mortgage
The 97% loan-to-value mortgage option allows you to achieve homeownership with a very minimal down payment. A great starting point for first-time homebuyers, some of the benefits include:
- Low down payment requirement of just 3% — making for an easy path to homeownership. Your 3% down payment may come from a gift, grant or non-profit organization.
- No borrower paid mortgage insurance required.
- Fixed interest means that your monthly principal and interest payments remain the same, so it can be easier to set a budget.
- Option of purchase or limited cash-out refinance.
Learn more about mortgage options when you prequalify online.
Calculate your monthly mortgage payment
Make house shopping easier by understanding how much home you can afford. Use our calculator to estimate your monthly mortgage payment and make the best decisions for your situation.
Get the right mortgage - plus experience and service to guide you
We commit to proactive communications to help ensure you know exactly where you are in the loan process.
Have questions? Find a Mortgage Loan Officer.
Ready to connect?
Call us
877-536-3286
