Hometown Mortgage Program

If you are a first time homeowner or have not owned a home in the last three years and the maximum selling price of the home is $70,000 or less, Marquette's Hometown Mortgage Program could be your answer. You may qualify. Read the information below to determine if your situation is right for our “Hometown Mortgage Program".

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Down Payment

Single Family homes require 3% of the sales price or the appraised value of the home whichever is less. Owner-occupied two family homes requires 5% of the sales price or the appraised value of the home whichever is less. 

Maximum Selling Price

$70,000

Maximum Term

30 years

Income Limits

The current year Housing & Urban Development (HUD) adjusted income levels for low and moderate income families in the applicable county (verified by Marquette Underwriting)

Source of Income

Stable and sustainable source of income (verified by Marquette Underwriting.)

Seller Contribution Limits

Maximum contribution is 3% of property value.

If you think you may qualify for our Hometown Mortgage Program, contact a Marquette Loan Representative at one of our nearby branch offices TODAY!