“The Teacher’s Mortgage Program offers a special low interest rate, and down payment assistance to make the dream of homeownership more affordable for certified public school teachers.”
If you are a certified full-time or part-time public school teacher or vocational-technical
, you may qualify for the Teachers Mortgage Assistance Program. As a
certified school teacher, you will be qualified for a teacher mortgage loan based on
guidelines that include credit, income and employment history. The teacher mortgage
program offers financing of existing and newly constructed single family homes, existing
two- to four-family homes, eligible condominiums, and newly constructed two-family
The Teachers Mortgage Assistance Program Offers Many Benefits:
- Teacher Mortgages are 30-Year fixed rate loans, carrying an interest rate below comparable market rates.
- Down Payment Assistance (DAP) provides homeownership opportunities to eligible teachers who are unable to provide their own down payment.
- Teacher Mortgage Program may be used to purchase an existing one- to four family home, a newly constructed single family home, or a newly constructed two family home in a targeted area.
- 24 Hour Preapprovals
To speak directly with a Teacher Mortgage Assistance Specialist call us today at (800) 922-3210, or apply online using our secure online teacher mortgage application.
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