First-Time Home Buyer
Purchasing your first home can be an overwhelming process, especially when you’re unsure about where to begin. With so many loan options and programs available, it’s natural to feel uncertain. The good news? There are a variety of loan options designed specifically to help make your dream of homeownership a reality.
Conventional Loans
For Strong Credit
A great option if you have a good credit score and can afford a standard down payment. With competitive interest rates, conventional loans offer flexibility for many buyers and are perfect if you're financially ready for homeownership and have the ability to make a larger down payment.
FHA Loans
Low Down Payment
Government-backed mortgages ideal for first-time buyers. With a lower down payment requirement (as low as 3.5%), these loans are a great option for those with lower credit scores or limited savings. If you’re just starting your homeownership journey, an FHA loan could help make the process more accessible.
VA Loans
For Veterans
Available to current and former service members, offering 100% financing with no down payment and competitive rates. If you're eligible, this loan type can be an incredible opportunity to purchase your first home without the financial burden of a large upfront cost.
USDA Rural Development Loans
Rural Areas
Designed for buyers purchasing homes in eligible rural areas. These loans require no down payment and offer low interest rates, making them an excellent choice for first-time buyers with limited financial resources who want to settle in rural communities.
Low Down Payment
Our Dedication to Our Clients
We’re dedicated to helping you navigate the home buying process with ease and confidence. Our commitment to personalized service means we’ll be by your side at every step. Whether exploring loan options or preparing for closing day, you can rely on us for expert guidance and support.
Expert Guidance
Local Knowledge
Tailored Loan Options
Personalized Support
Home Purchase Basics
Buying a home is a big decision. With the help of your Real Estate Agent and Mortgage Loan Officer, it can be a smooth process.
Count On Your Real Estate Agent To:
Show suitable homes and negotiate with your Pre-Approval letter.
Count On Your Mortgage Loan Officer To:
Help choose the right loan, keep you updated, and get the best rates.
Count On Yourself To:
Stay in touch, provide documents quickly, make objective decisions, and get pre-approved early.
What You Can Expect from Croghan
When you choose Croghan Colonial Bank for your home loan, you’re partnering with a trusted lender committed to your success.
Simple and Transparent Process
We’ll guide you through every step of the application, making sure you understand the process and feel confident in your decisions.
Local Expertise
With a strong understanding of the local market, we provide the support you need to make the best decisions for your financial future.
Personalized Support
From application to closing, we offer tailored guidance to ensure a smooth and successful experience.
Apply for Your Loan Today
Ready to take the next step toward homeownership? Our simple application process makes it easy to get started. Apply online, visit one of our offices, or contact us to explore financing options that suit your needs.
Important Legal Disclosures
*All loans are subject to credit approval.