Loan amount $164,706
Rates effective as of May 29, 2024 and are subject to change.
Subject to approved PMI
First Time Home Buyer Welcome Home Program
Offered exclusively through St. Mary’s Bank, Manchester, NH. NMLS #560759
(some restrictions apply) Equal Opportunity Housing compliant
5/1 ARM 7.375% with 0 points
| Monthly payment for FTB Rate: | |
|---|---|
| P+I: | $1,137 |
| RE Tax: | $ 48 |
| Ins: | $ 30 |
| PMI: | $ 56 |
| HOA fees: | $ 175 |
| Mortgage Credit Certificate: | $ -168 |
| YOUR MONTHLY TOTAL: | $1,274 |
*Notes
- 45% Gross Ratio used for underwriting.
- Annual Family Income Limit to use FTHB Welcome Home Loan Program: $115K.
- Principal Reduction of $125/mo+ not included in the above analysis
- Non-FTHB’s will require a larger downpayment and will not qualify for the MCC, so payments will be considerably higher.
Offered exclusively through St. Mary’s Bank, Manchester, NH. NMLS #560759
(some restrictions apply)
Equal Opportunity Housing compliant
These are 2BR, 1 BA garden style condos, right on the Newfound River in downtown Bristol NH, with special, FIRST TIME BUYER ONLY financing available exclusively through St. Mary’s Bank of Manchester NH.
Let us show you how to fulfill your dream of home OWNERSHIP, without even putting down the First Month’s Rent and Security Deposit that you would normally need for a Rental unit.