Family First Opportunity Loan | Family First Funding

I am

First Time Home Buyer

Hey there soon-to-be homeowner! We know you have a ton of questions about the purchase process and we’re here to help. Navigate to our Blog page to find answers to common questions, search for a branch or loan officer near you, or explore calculators and programs on the next page.

Purchase

You’ve done this once, maybe twice, and we know that each new home purchase is a step towards your next chapter of life. Whatever the reason is for a new home purchase – growing your family, downsizing for retirement, or moving to a new place, we’ve got you covered with plenty of loan options to choose from.

Refinance

If rates have dropped since you last financed your home, you may want to consider refinancing. But that’s not the only reason people refinance. Maybe you want to convert to an adjustable or fixed rate loan, or you might need to extract cash equity in your home (cash out) for things like education or bills.

Renovation

Searching for a fixer-upper? Starting your next renovation project? We have a wide variety of loan products to fit your needs. Renovation loans give homeowners the benefit of a home value increase upfront before the project even begins. We offer FHA, Conventional, and VA loan programs for your next reno.

Are you 62 or older? A reverse mortgage might be the loan option for you. Tap into the equity you’ve already built in your home and get the funds to help pay for the things you want or need while you continue to live in and own your home. Family First Funding has reverse loan specialists available and is a member of the National Reverse Mortgage Lenders Association.

Investor

Are you a seasoned investor, landlord, or homeowner looking for your next investment? We offer Fix & Flip, Construction, One-Time Close, and second-home loan options for every type of investor – big and small. We’re looking forward to working with you and helping you reach your next investment goal.

Commercial Investor

You’re more than an investor. You’re building a commercial empire, and you need the funding to do it. We offer a wide range of options; Permanent Loans, Construction Loans, Bridge Loans, Small Business Financing, Fix & Flip, and Private Lending, just to name a few. Get in touch with our Commercial Capital Division to learn more.

Loan

Conventional loans are perfect for buyers with established credit, stable income, lower debt-to-income ratios, and assets.

Conventional

FHA loans have been helping people become homeowners since 1934. Some benefits of FHA loans are low down payments, low closing costs and easy credit qualifying.

Veteran

You’ve served our families. Now it’s our turn to serve yours. VA loans are available to active and veteran service personnel and their surviving partners.

USDA

In 2009 the USDA changed its rules and made millions of Americans eligible for its rural mortgage programs. With the USDA loan, many are able to get a zero-down home loan for rural property. Ready to get your little slice of the US?

Jumbo

Have a big project, home purchase, or investment in mind? Get access to loan amounts up to $10,000,000. Qualify with credit scores as low as 680, and put down as little as 10%.

Are you ready for some home improvements? Our renovation loans allow you to finance big and small projects to enhance your home.

Reverse_Product

A reverse mortgage is a loan option for people age 62 and older that allows you to tap into the equity you’ve already built in your home. It provides funds to help pay for the things you want or need, while you continue to live in and own your home.

Niche

You might not fit the traditional mold, and that’s okay. We offer many out-of-the-box loan options and non-QM programs. Portfolio lending, home equity loans, commercial loans, bank statement programs, and much more!

Commercial Investments

You’re more than an investor. You’re building a commercial empire, and you need the funding to do it. We offer a wide range of options; Permanent Loans, Construction Loans, Bridge Loans, Small Business Financing, Fix & Flip, and Private Lending, just to name a few. Get in touch with our Commercial Capital Division to learn more.

Other

Can’t find what you’re looking for? We have many loan options to choose from! Use our Loan Finder on the next page to filter loan options based on buyer type or explore our mortgage calculator.

family first

Opportunity Loan

You could qualify for 5% down with no mortgage insurance!

As rates continue to rise, we continue to provide helpful programs! If you’re ready to become a homeowner and you make low to moderate income, the Family First Opportunity Loan can be an excellent option for you! Take a look at this chart to see how this program can help you get a mortgage you are able to afford. To learn more about how you can benefit from this exciting program, fill out the form below!

*Only available in certain counties in NY & NJ

Product is available only in the following counties in New Jersey and New York: Bergen, Essex, Hudson, Mercer, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset, Sussex, Union, and Orange, NY. Income limitations and maximum loan amounts apply. Borrower may be required to complete an accredited home ownership course to qualify. Rate Discounts are limited to properties located in a low or moderate income census tract within the Bank’s assessment area. Income limitations apply. To see if your property is in a low or moderate income census tract: https://www,huduser.gov/portal/qct/screen2.html Property being purchased must be located in a low or moderate income census tract within Lender’s assessment area.

These are examples of possible mortgage payment scenarios and individual circumstances are not reflected in the above scenarios. This is not a commitment to lend. All loans subject to an application, credit review, appraisal, and underwriting approval. All rates and terms quoted herein are for informational purposes only, and are subject to change without notice. The monthly payment amount does not include taxes or insurance premiums. If taxes and/or insurance premiums are added to your repayment amount, the actual monthly payment amount will be greater. Some state and county maximum loan amount restrictions may apply. This is an example and is for illustrative purposes only. Rates effective as of 1/23/23.

We're here to help!

Get Started

We’ll explain the eligibility requirements for this program and how you can apply!