Bridgewater Savings has received approval to offer the 2018 Federal Home Loan Bank's Equity Builder Program grants for eligible first-time home buyers.
As an approved participant in the Equity Builder Program (EBP), Bridgewater Savings may submit enrollment requests for funding on behalf of income-eligible home buyers. Grant funds are awarded to participating members in increments of up to $11,000 on a first-come, first-serve basis. EBP funds are not guaranteed or reserved in advance for any participating member or home buyer.
In the prior three years, Bridgewater Savings issued 22 grants totaling $267,000 in down-payment and closing cost assistance to approved first-time home buyers.
Bridgewater Savings Bank is also offering a $400 closing cost discount for eligible grant recipients at closing.
NEW: Click here for information about the MassHousing Down Payment Assistance Program (DPA).
Need More Information?
For more information regarding the Equity Builder Program for first-time home buyers, or for a free pre-approval, call 800.356.8622.