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Equity Boost

Affordable Loans for First-Generation Homebuyers

Our Equity Boost loans are a great choice for first-generation homebuyers and for homebuyers with modest incomes. With a 0% down payment and low closing costs, Equity Boost makes homeownership possible even with modest savings.

Equity Boost Benefits

For borrowers with modest incomes.*
  • 0% down payment
  • Closing costs can be financed into the loan.
  • Can be combined with down payment assistance if available. Must contribute at least 1% of purchase price.
  • Lower interest rate and monthly payment
  • $2,000 towards a rainy day fund
  • No private mortgage insurance (PMI)
  • Minimum credit score 580
  • Income and purchase price limits apply.*

* Income limits: 80% of area median income (AMI), OR 150% of AMI if borrower is a first-generation home buyer (200% in high-cost areas).


Let us help you build your emergency savings

You're about to become a homeowner — maintenance bills come with the territory. Start building your rainy day fund now, so you can enjoy homeownership knowing you're ready for anything.

And we'd like to chip in! As an Equity Boost borrower, you're eligible for a $2,000 contribution from Self-Help to help kick-start your emergency savings.

Find out more about our SAFE Home product, only available to Equity Boost borrowers. 

Ready to get started?

Our experienced home lending team is here to help. We'll talk with you to understand your home-buying goals and your financial picture. 


When you meet with your loan officer, it's helpful to bring the following items (for yourself and your spouse or co-borrower):

  • Photo ID
  • Tax returns (two most recent years)
  • W2s (two most recent years)
  • Pay stubs (two most recent pay cycles)
  • Bank statements (two most recent months)