Neighbors Bank

Whether you're buying your first home or your fifth, the right loan makes all the difference.
Swipe through to explore our loan options and Down Payment Assistance programs designed to get you to the closing table.

✅ Conventional — as low as 3% down
✅ FHA — as low as 3.5% down
✅ USDA & VA — 0% down for those who qualify
✅ Down Payment Assistance — cover up to 100% of your down payment

Not sure which loan is right for you? Our team is here to help you find the best fit for your goals and budget.

👉 Visit neighborsbank.com or call 800-220-0600 to get started today.

Mortgage shopping is not cheating on your lender.

Once you’re under contract, lenders provide a Loan Estimate that shows things like your interest rate, monthly payment, closing costs and cash needed to close.
And yes, you can compare them. In fact, you should.

A lower interest rate does not always mean the lowest overall cost. One lender might offer a lower rate but higher upfront fees. Another might offer credits that reduce closing costs.
Comparing Loan Estimates side by side can help you see the full picture instead of just picking the option with the shiniest number.

Think of it like shopping for flights, except instead of legroom, you’re comparing fees that could affect your finances for years.

Get more money-saving tips: https://www.neighborsbank.com/learn/money-saving-first-time-home-buyer-tips/

Your lender may approve you but your grocery budget may have notes.

One of the biggest first-time homebuyer traps is assuming that because you qualify for a certain loan amount, you should spend that much.

Technically, yes, you may be able to afford the mortgage.
But can you also afford: Groceries? Utilities? Car repairs? Childcare? Savings? The occasional coffee that keeps society functioning? A surprise plumbing issue that arrives with villain energy?

That’s where “house poor” comes in. It means most of your money goes toward housing, leaving very little room for the rest of your life. A good homebuying budget should leave space for real life, not just your mortgage payment.

June is National Homeownership Month, so here’s your friendly reminder: buy the home that fits your life, not the one that forces your budget into survival mode.

What’s one non-mortgage expense first-time buyers should absolutely plan for?

Your credit score is invited to the homebuying process, whether you like it or not

Before applying for a mortgage, it’s worth checking your credit. Not because it’s fun. It is not fun. But your credit score can affect your mortgage rate, and even a slightly lower rate can save real money over time.

A few helpful steps:
✅ Pay bills on time
✅ Keep credit card balances low
✅ Avoid opening new credit accounts before applying
✅ Check your credit report for errors
✅ Don’t let “buy now, pay later” become “cry later, budget later”

Future you may appreciate the prep work!

Get more money-saving tips: https://www.neighborsbank.com/learn/money-saving-first-time-home-buyer-tips/

A lot of first-time buyers assume they need 20% down before they can even think about buying a home. But 20% down is not always required. Some loan options allow lower down payments, including FHA, USDA, VA and certain conventional loan programs.

Of course, a lower down payment can come with other costs, so it’s still important to compare the full picture. But don’t count yourself out just because you don’t have a massive pile of cash sitting in savings.

June is National Homeownership Month, so it’s a good time to learn what options may actually be available.

Get more money-saving tips: https://www.neighborsbank.com/learn/money-saving-first-time-home-buyer-tips/

Everyone talks about the mortgage payment, but homeownership has a few surprise side quests:

✅ Property taxes
✅ Homeowners insurance
✅ Maintenance
✅ HOA fees
✅ Utilities
✅ That one repair you absolutely did not budget for
✅ A mysterious noise that only happens at 11:47 p.m.

June is National Homeownership Month, which makes it a good time to remind first-time buyers: don’t just compare rent to the mortgage payment–compare the full monthly cost.

A home should fit your budget, your lifestyle and your ability to still buy groceries without doing mental gymnastics in the checkout line. Lucky for you, we’re here to help you figure out what works for you!

Get more money-saving tips: https://www.neighborsbank.com/learn/money-saving-first-time-home-buyer-tips/

"If you want a lender who truly cares and will fight for you until the end, this is the team you want on your side!"

- James, Washington

Some homebuying journeys aren’t easy, but having the right people beside you can make all the difference. 🏡💚

“Home” means a little more on Memorial Day.

Today, we honor the brave men and women who gave everything for our country — and for the freedoms that make moments around the dinner
table, backyard cookouts, and coming home possible.

Their courage and selflessness will never be forgotten. We are deeply grateful for their sacrifice and for the families who carry their memory forward.

From all of us at Neighbors Bank, we wish you a meaningful Memorial Day as we reflect, remember, and honor those who served.

Drop your best 'waiting on my landlord' story below👇

(And if the wait is finally getting old — we'd love to help you move on for real.)