First Front Door Homebuyer Grant

What is the First Front Door Homebuyer Grant Program?

First-time homebuyers who finance their mortgage through New Tripoli Bank can apply for up to $5,000 in grant assistance through the First Front Door program. These funds can be used to help with your down payment or closing costs. For every $1 you contribute, First Front Door will provide $3 in assistance, up to a maximum of $5,000. Talk to your lender to understand how First Front Door will work with your home purchase.

Who qualifies for First Front Door funding?

To qualify, you must:

• Be a first-time homebuyer (which means you haven't owned a home within the past three years, or you owned a home only while married but not as a single person within the last three years—this includes a married couple if either has not owned a home in the past three years).
• Secure a first mortgage through New Tripoli Bank.
• Have an income at or below 80 percent of the area median income.
• Not be a student working less than 30 hours per week.
• Complete at least four hours of homeownership counseling prior to purchasing the home.
• Agree to maintain the home for five years to retain the full amount of the grant. If a sale occurs before the five years expire, a portion of the grant may be required to be repaid.

What are the benefits of the grant?

• For every $1 you contribute, First Front Door will provide $3 in assistance, up to a maximum of $5,000
• $150 processing fee waived
• $350 document preparation fee waived
• Convenient payment options... talk to a lender today for more info!

How do I apply for a First Front Door grant?

A New Tripoli Bank mortgage lender will review these and other program requirements with you. Start the process today! Call to make an appointment at (610) 628-1828.