First-Time Homebuyer Loans
Buying your first home is one of the biggest decisions you'll ever make, and we're here to make it easier. At Portage Bank, we guide first-time buyers through every step of the process, from understanding your options to closing day. Our local loan officers are ready to help you find the right loan and get into the home you deserve.
Equal Housing Lender - Member FDIC
NMLS #1831756
Why Choose Portage for Your First Home?
Get your home-buying journey started today
Your local banking partner
Local loan officers who know the Washington State market
Low down payment options to help you get started sooner
Flexible credit requirements for a range of financial situations
Plain-language guidance throughout the entire process
Fast, personalized service, no 1-800-number runaround
Loan Options for First-Time Buyers
Get started today with your homebuying journey
FHA Loans
A government-backed option with lower down payment requirements and flexible credit standards, ideal if you're just getting started.
Conventional Loans
Great for buyers with solid credit who want competitive rates and straightforward terms.
VA Loans
If you've served our country, you may qualify for a VA loan with no down payment required and no private mortgage insurance.
Down Payment Assistance Programs
We can help connect you with Washington State and local assistance programs that may reduce your upfront costs.
What to Expect
Step 1:
Talk to a Portage loan officer — free consultation, no obligation
Step 2:
Get pre-qualified so you know your budget
Step 3:
Find your home and make an offer
Step 4:
We guide you through underwriting, closing, and every step in between, so you can focus on getting ready for move-in day
Ready to Take the First Step?
Click Apply now below or Find My Lender to connect with one of our friendly loan officers today. We'll walk you through your options and help you figure out exactly what you need to make homeownership a reality.
Benefits of choosing Portage
Customization
We work with you to tailor loans to your specific needs and budget.
Ease
Our competitive rates, variety of options, and helpful approach make getting the right loan easy.
Relationships
We’re here to build a lasting partnership and find the best way to help you reach your goals.
Disclosures:
All loans subject to credit approval. Rates, terms, and conditions subject to change. [NMLS #1831756]WA state defines a first-time home buyer as someone who has not owned a primary residence in 3 years.Washington State Housing Finance Commission (WSHFC) offers programs including Home Advantage and House Key Opportunity for eligible first-time buyers. Visit wshfc.org for current income and purchase price limits.Some down payment assistance programs require completion of a HUD-approved homebuyer education course.You have the right to receive a copy of any appraisal used in connection with your loan application.All rates are subject to change without notice and depend on creditworthiness, loan amount, term, and other factors. Contact a loan officer for a personalized rate quote.We are committed to fair lending. We do not discriminate on the basis of race, color, religion, national origin, sex, familial status, disability, age, or any other characteristic protected by law.Loan officers are licensed federally by NMLS (#1831756). Visit nmlsconsumeraccess.org for more information