Dog in Home
At Studio Bank, it’s our mission to serve our community. A big part of that is helping people buy homes. Our Downpayment Assistance Program empowers qualified low-to-moderate income borrowers to achieve homeownership by getting up to $10,000 to put toward their home’s downpayment. Through this program, we may be able to help you realize your “American dream.” Get started by contacting me below to learn more about this exciting opportunity.
Mortgage Relationship Manager
Studio Bank is proud to partner with Affordable Housing Resources (AHR) as one of the Tennessee Downpayment Partnership (TDP) participating banks. This service allows qualifying homebuyers to acquire loans of up to $10,000 to put toward downpayments on home mortgages. Payment for these unique loans is due upon the future sale or refinance of the home. This service is available to those who qualify for a Studio Bank mortgage, complete an approved Homebuyer Education program, and meet other requirements.
The process is simple, and we’re here for you every step of the way. Contact me through the email form below to get started. I will help walk you through the next steps which include a Homebuyer Education program and an Eligibility Determination Session with Affordable Housing Resources.
The Fine Print
Subject to Studio Bank underwriting and AHR/TDA eligibility guidelines. Program rates, terms, and conditions are subject to change at any time. This service is only available to borrowers/properties in eligible census tracts.
For more information on purchasing a home with the Downpayment Assistance Program, finding a realtor, and more… Complete the form or give me a call.