First-Time Homebuyer Program
As a MSHDA lender, Jolt can offer financial assistance to those who qualify.
FEATURES
DOWN PAYMENT ASSISTANCE
Qualified first-time homebuyers can be approved to receive $10,000 towards their down payment.
AS LITTLE AS 1% DOWN
Borrowers may be able to purchase as a first-time home buyer with as little as 1% down.
CURRENT HOMEOWNER
Buyers who have owned a home previously may qualify for MSHDA program in targeted property areas.
WHO'S ELIGIBLE?
To qualify, you must meet the following requirements:
- First-time homebuyer and repeat homebuyer in targeted areas (have not owned a home in the previous three years)
- Meet income eligibility
- Sales Price limit - $224,500 statewide.
- Credit score of 640 or above
That first home is special. Need help getting started?
We know buying your first home is a big step, and you might have questions. We’re here to help walk you through the home financing process.
MEET OUR MORTGAGE TEAM
Jesse Maldonado, Jr.
VP Mortgage Lending
maldonadoj@joltcu.com
989.799.8744 ext. 1401
State Street, Saginaw
NMLS# 433139
Rebecca Swanson
Mortgage Supervisor
swansonb@joltcu.com
989.799.8744 ext. 1402
State Street, Saginaw
NMLS# 759033
Laurin Light
Sr. Mortgage Loan Officer
lightl@joltcu.com
989.799.8744 ext. 1408
State Street, Saginaw
NMLS #1817692
Ashley Kubacki
Mortgage Loan Officer
kubackia@joltcu.com
989.799.8744 ext. 1407
State Street, Saginaw
NMLS #2327065
Sara Pettenger
Mortgage Loan Processor
pettengers@joltcu.com
989.799.8744 ext. 1404
State Street, Saginaw
NMLS #2428507
Kat Wallaert
Mortgage Loan Closer
wallaertk@joltcu.com
989.799.8744 ext. 1403
State Street, Saginaw
NMLS #2418233
Deb Baum
Mortgage Underwriter
baumd@joltcu.com
989.799.8744 ext. 1405
State Street, Saginaw
NMLS# 819547
Kelly Prast
Mortgage Servicer/Escrow Specialist
prastk@joltcu.com
989.799.8744 ext. 1409
State Street, Saginaw
NMLS# 763553
LIMITED-TIME OFFER!
First-Time Homebuyer MSHDA Rate Relief:
- Who's eligible? First-time homebuyers with a qualifying income at or below 80% of Area Median Income (AMI); a credit score of 640 or higher.
- Other qualifications: New or existing single-family residences, including some types of manufactured homes; 30-year terms; and a maximum sales price limit of $224,500 (Other restrictions may apply.)
- How to apply: Submit a mortgage request or give us a call at (989) 799-8744 ext. 1400. Don't wait! This offer is only available for a limited time.
READY TO GET STARTED?
To begin the application process, complete the form below or call (989) 799-8744 ext. 1400 to reach the mortgage department.
Home Mortgage Disclosure Act Notice
The HMDA data about our residential mortgage lending are available online for review. The data show the geographic distribution of loans and applications; ethnicity, race, sex, age, and income of applicants and borrowers; and information about loan approvals and denials. HMDA data for many other financial institutions are also available online. For more information, visit the Consumer Financial Protection Bureau’s Website.
NMLS ID #715640
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