With our Smart Start Program, you can enjoy a smoother, more flexible transition into homeownership. This unique financing option can give you up to 8 months before your first mortgage payment*, giving you extra breathing room as you settle into your new home.
With this structure, you won’t need to make a mortgage payment for 6 months*, and depending on your closing date, you could receive an additional one to two months before your first payment is due. That means you can move in right away, focus on furnishing your space, and take care of other priorities all before your first mortgage payment begins.
Program Benefit Examples
- Not yet sold your current home and want to avoid making double payments.
- If you are relocating and are not yet positioned to take on mortgage payments.
- You are navigating any transitional stage where up to eight months of financial breathing room could provide peace of mind.
Want to know if this program is right for you?
Reach out to one of our highly-trained professional Loan Officers today!
FIND A LOAN OFFICER*Based on closing and funding date, your first payment is typically due 30–60 days after closing. This program defers that payment an additional six months. For example, a September closing could result in a first regular payment not being due until the following April. Program eligibility and terms apply. Programs, rates, terms, and conditions are subject to change without notice and may not be available in all states. This is not a commitment to lend; all loans are subject to credit approval and FHA,HUD, and investor guidelines. Available on FHA loans only. Borrower will not be required to make monthly mortgage payments for the first six (6) months; however, interest will accrue from the date of closing and will be added to the loan balance. Escrowed items such as property taxes and homeowners’ insurance are still required during this period. Program availability, terms, and conditions are subject to change without notice. Not all applicants will qualify. Subject to credit approval, underwriting guidelines, and FHA eligibility requirements. This is not a commitment to lend. Additional restrictions may apply. Contact your Loan Officer for full details.