St. Mary’s Bank, the nation’s first credit union, was named a 2019 top 10 outstanding lender by the NH Housing Finance Authority for its success in helping homebuyers obtain affordable financing.
“We are honored to be recognized as a top affordable lender for the tenth year running,” says Karen Mayrand, St. Mary’s Bank senior VP and director of residential lending. “Helping first-time and lower-income homebuyers is always a priority for us. Through partnerships with organizations like New Hampshire Housing, we help ease the financial pressures of taking on a first mortgage.”
The Mortgage Center at St. Mary’s Bank participates in NH's Housing’s Preferred Home Lending, Home Flex, and Home Flex Plus Programs. These programs make homeownership possible for low- to moderate-income households through low, fixed interest rates; low down payment requirements, and assistance grants to use toward down payment and closing costs. Most condominiums and one-to-four-family homes qualify for these programs.