MANCHESTER, N.H.–— St. Mary’s Bank, the nation’s first credit union, has been recognized by New Hampshire Housing as one of New Hampshire’s top 10 housing lenders of 2016.
“As specialists in first-time homebuyer programs, St. Mary’s Bank is passionate about making homeownership more realistic than borrows might think,” states Karen Mayrand, Director of Residential Lending for St. Mary’s Bank. “We are fortunate to partner with New Hampshire Housing, who shares our passion for making homeownership a reality through affordable financing options.”
The Mortgage Center at St. Mary’s Bank participates in New Hampshire Housing’s Home Flex and Home Flex Plus Programs. These programs offer borrowers with low to moderate incomes affordable mortgage financing through low, fixed interest rates; low down payment requirements; and assistance grants to use toward down payment and closing costs. Most condominiums and 1–4-family homes qualify for these programs, the credit union said.