First Time Homebuyers

Do I Qualify?

To qualify for First Front Door, you must:

• Be a first-time homebuyer:
  • A person who has not owned a single-family, owner-occupied home used as their primary residence in the last three years
  • This also includes, if purchasing jointly with other individuals, at least one person has not owned a single-family, owner-occupied home in the last three years, or
  • This also includes any person that has owned a single-family, owner-occupied home jointly with another individual and is now independently purchasing a single-family, owner-occupied home, or
  • If an investment property is owned, the person is not living there and has not owned a single-family, owner-occupied home in the last three years
• Complete at least four hours of homeownership counseling prior to purchasing the home
• Retain the home for five years from the loan closing date in order to keep 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.
• Secure a first mortgage through Clearview
• Contribute a minimum of $1,500 in personal funds as part of the down payment and closing costs
• Have a household income at or below 80 percent of the area median income
• Not receive more than $250 cash back at settlement for any reason

A Clearview FCU loan officer will review these and other program requirements with you.

Does My New Home Qualify?
Qualified first-time homebuyers can use FFD grants toward closing costs and down payment assistance on eligible properties that are intended as the primary residence of the homebuyer at the time of program enrollment. These properties include single-family homes, townhomes, condominiums and modular units. Manufactured homes may be eligible if they are permanently affixed to a site. Investment properties are not eligible for FFD assistance. The First Front Door Program Funding Round will open on April 22, 2025. Being prepared is key to taking advantage of this grant program before funds run out. Contact a Clearview FCU loan officer to learn more Our loan officers are experts in helping homebuyers. To get started, contact us today or request a callback using the button and a Clearview FCU loan officer will contact you to answer any questions you may have about the First Front Door program and other mortgage opportunities