First-Time Home Buyer – Up to $12,500 available for home purchase
Buying your first home is an important milestone in your life. Here at Coastline Federal Credit Union, we understand that finding the right financing plan is as important as finding a home that fits your lifestyle.
To help get started on solid footing, Coastline Federal Credit Union can help first-time homebuyers access up to $12,500 to assist with the down payment and closing costs incurred when purchasing a home. Funding is available to qualified first-time homebuyers*.
In addition to meeting eligibility requirements, the homebuyer must:
- Contribute at least $1,000 toward the purchase of the home
- Occupy the home as a primary residence for at least five years
- Complete a homebuyer education and financial literacy course specified by FHLBank Atlanta
Coastline Federal Credit Union prides itself on providing accessible and feasible financial resources and mortgage products to first-time homebuyers.
Please contact us to determine if you are eligible for first-time homebuyer funding to begin your application process.
Community Partners Product – Up to $15,000 available for home purchase
At Coastline Federal Credit Union, we are committed to supporting families and individuals who make their living serving others in the community. As part of this commitment, we offer a unique financial opportunity for current or retired law enforcement officers, educators, health care workers, firefighters, and other first responders; and veterans and active-duty members of the military or their surviving spouse who are purchasing a home.
Coastline Federal Credit Union can homebuyers access up to $15,000 to assist with the down payment, closing costs and rehabilitation costs incurred when purchasing a home.
Funding is available to qualified homebuyers that meet product and income eligibility requirements, including first-time homebuyers or families and individuals that currently own a home or have previously owned a home. *
In addition to meeting eligibility requirements, the homebuyer must:
- Contribute at least $1,000 toward the purchase of the home
- Occupy the home as a primary residence
- Complete a homebuyer education and financial literacy course specified by FHLBank Atlanta
Please contact us to determine if you are eligible for Community Partners funding and to begin your application process.
Call us at 904.346.1700, option 5 to speak with a member of our Mortgage Team.
*First-Time Homebuyer and Community Partners Product are products of the Federal Home Loan Bank of Atlanta. Household income restrictions and other requirements appy. Please see Federal Home Loan Bank of Atlanta’s Affordable Housing Program Implementation Plan at www.fhlbatl.com for complete product requirements. NMLS #420134, Equal Housing Lender, Federally insured by NCUA