Mortgages
 
Fixed Rate
Adjustable Rate
Home Loan Payment Relief
 
 
CFE’s First Time Home Buyer Program (HLPR 30 Year Fixed)
 
This option provides first-time homebuyers with a 30 year fixed rate mortgage priced .25% lower than our standard 30 year product.
   
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30-year term
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Minimum loan amount $25,000; maximum loan amount varies
- 10% down payment requirement **
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Reduced closing costs
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Non-first time buyers eligible to apply (some restrictions apply)
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Other terms and conditions may apply
     
Check RATES   apply online
     
     
CFE’s First Time Home Buyer Program (HLPR 3/1 ARM*)
 
The HLPR Loan has an initial rate that’s 1% below the national average. After the first 3 years, the rate adjusts to the market rate and can adjust once each year thereafter. The annual rate adjustment will not exceed 1% per year and no more than 5% over the life of the loan.
   
-
30-year term
-
Minimum loan amount $25,000; maximum loan amount varies
-
20% down payment requirement **
-
Reduced closing costs
-
Non-first time buyers eligible to apply (some restrictions apply)
- Other terms and conditions may apply
     
Check RATES   apply online
     
     
* Adjustable Rate Mortgage
**Minimum 5% of borrower’s personal funds is required and must be part of the transaction; However gifts and grants are permitted as additional funds for down payment and/or closing costs. Household income restrictions apply.
   
 
 
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