Mortgage

Home Sweet Home


The Mortgage Program Tailored for First-Time Homebuyers

The Mortgage Program Especially for First-Time Homebuyers Do you dream of owning your own home, but worry about finding a mortgage you can afford?

Burke & Herbert Bank's "Home Sweet Home" mortgage program is tailored specifically to first-time buyers, and allows for a broad range of incomes, savings levels and more.

Low Down Payments
• Down payments of just 3% and financing up to 97% on many homes
• Flexible sources of funds allowed for down payments, too!

Build Equity and Save
"Home Sweet Home" borrowers may not have to bear the cost of additional private mortgage insurance once they achieve at least 20% equity in their homes. This can result in significant savings.*

Choice of Fixed Rates, Variable Rates, and Terms
Burke & Herbert Bank offers a wide range of rates and terms on all our mortgage products.

We're a neighborhood bank with deep roots in our communities, knowledge of local real estate markets, and the know-how to help you make smarter home financing decisions. We've helped thousands of customers buy their first homes, and are here to help you, too!

To learn more, visit your nearest branch or call us at 703-684-1655 and ask to speak with a Mortgage Loan Officer.

* Qualifications apply for the release of Private Mortgage Insurance. Elimination of Private Mortgage Insurance premiums does not guarantee lower monthly payments for a home. Monthly payments may also include property taxes, home owners insurance and other costs.

The information on this web page is for informational purposes only and is not a commitment to lend. Programs offered, rates and terms are subject to change without notice. All loans are subject to underwriting approval.

 

Member FDIC    Equal Housing Lender