Hometown Mortgage Program

Hometown Mortgage Program

If you are a first-time home buyer 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."

Hometown Mortgage Flagship Niagara

Basic requirements

  • The price of the home is $70,000 or less
  • Your Housing and Urban Development (HUD) adjusted income qualifies

If you meet these requirements, call a helpful Marquette mortgage loan professional nearest you at (814) 455-4481 or:

Start Your Application

  • Down Payment

    Single family owner-occupied homes require 3% of the sales price or the appraised value, whichever is less. Two family owner occupied-homes requires 5% of the sales price or the appraised value, 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.

The Closest Branch Location

920 Peach St. Erie, PA 16501 (814) 455-4481

or, find other convenient Marquette locations.

Nearest ATM

920 Peach St. Erie, PA 16501

or, find other convenient Marquette atm locations.

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