Affordable Housing Loan Program


Affordable Housing Loan

Our AHL program is perfect for lower income borrowers looking to refinance their existing residence or to purchase their first home.

As a community bank, we are dedicated to providing opportunities for all of our neighbors to reach their dream of home ownership.

  • Fixed Rate Financing
  • Lower Down Payment
  • No Private Mortgage Insurance
  • Maximum Loan Amount is $200,000.
  • Interest rate will stay fixed for seven (7) years and will adjust annually thereafter
  • Rate may not adjust lower than the initial rate for the life of loan (floor).
  • Loans may not be assumed.
  • No prepayment penalty.
  • Escrow will be required.
  • Additional requirements regarding amortization, down payment and household income.

Terms subject to change. Certain terms and conditions apply to these loans. All loans are subject to qualification. All loan approvals are based on credit worthiness and our underwriting standards.

Call, visit, or email mortgage@hibernia.bank for more information.