Like many people, you may be putting off purchasing a home and continuing to rent because you’re concerned about making a down payment. But with the great programs offered by North Shore Bank mortgage lenders, you may be able to buy a home with as little as $0 out of pocket.

It’s true. For example, the Freddie Mac HomeOne program allows you to put down as little as 3 percent; and the down payment and associated closing costs can come completely from a gift from a qualified relative. While you still need to qualify with good credit and an appropriate debt-to-income ratio, you can get into a house without years of saving up to make a large down payment.

This is just one of many down payment programs North Shore Bank offers to our employees as well as clients and prospects. In addition to HomeOne, we also have programs that allow qualified applicants to use grant funds to purchase a new home. While these programs do require some personal investment, typically $1,000 to $3,000 does the trick.

There may never be a better time than right now to become a homeowner, with low rates and multiple programs available, and a strong economy. You work in a field that — as we all learned last year — is essential to the nation as a whole. So why not start paying yourself by building equity in a home that you own?

Besides, a home isn’t just a good investment. It also means you can finally get that dog you want or paint the walls pink. Together with your North Shore Bank mortgage lender, you can achieve more! Reach out to one of our mortgage experts today to begin your journey home. —Chris Boland, VP, Consumer Lending Manager