One of our many home financing options is sure to be a good fit
When cookie-cutter financing isn't the right fit, we offer several other options.
Reward Education and Choose Homeownership (REACH)
If student loan debt is standing between you and homeownership, REACH may be the solution. REACH increases your buying power by refinancing your student loan debt at a low fixed rate, in conjunction with your mortgage. This loan is available only at NorthCountry.
Questions on this special loan? Please visit out FAQ page.
Equity Builder Grant
Our experience and knowledge of conventional and government loan programs can open doors to homeownership, even without a large down payment.
You might even qualify for generous down payment assistance. To learn more, submit your application and we will get back to you with your best options.
Adjustable Rate Mortgages (ARMs)
An ARM may help you afford a more expensive home, or keep your payments low if you intend to own your home for a short time. After the initial fixed term expires, the rate is adjusted every year based upon the market rates at the time.
Champlain Housing Trust
The Shared Equity Program pays up to 30% of your home's value, reducing the amount of your mortgage. When you decide to sell, you sell the home back through the housing trust to another qualified buyer. This innovative program keeps the home perpetually affordable for future qualified potential buyers.
Federal Housing Administration (FHA)
FHA loans are for single family and multi-family homes in designated rural areas. Down payments are as low as 3.5%. Private Mortgage Insurance (PMI) is required for a minimum of 11 years, based on your home's loan-to-value ratio.
Potential homebuyers who meet basic service requirements have access to loans with no down payment requirement, low rates, and no requirement for mortgage insurance. VA home loans are available for buying or refinancing a primary residence, including qualifying condominiums, townhomes, modular homes, and new construction. Spouses of service members who were disabled or died while in the line of duty may also be eligible.