Skip navigation and go to page content
First Time Home Buyer Program

first time home buyer program

Buying your first home? We can help you get your foot in the door.

At ALEC, we know that owning a home is still an elusive dream for some of our members. That’s why we’re committed to doing everything we can to help first-time buyers with pre-qualification and understanding the entire home loan process.

ALEC offers a variety of mortgage products to fit your personal needs. Our experienced loan representatives will be happy to discuss your options and opportunities with you, and let you know what you can expect from the very start until the time you’re ready to move in.

Features of an ALEC mortgage:

both fixed and adjustable

borrow up to 97% of the home value with just 3% down

borrow up to 90% of the home value with just 10% down

No application fee

When you’re ready, so are we.

Want more information? Fill out the form to select which option you're interested in or submit your questions. An ALEC loan representative will then contact you to provide knowledgeable answers and assist with your loan application process.

Extended Rate Lock

Contact Information

Thank you for your interest in a mortgage loan with ALEC.* Please fill out the form below, and we will be in touch with you within one business day.

* Submission of this form does not guarantee rates.

I am interested in receiving further information on: *

* All loans subject to approval. The ALEC First-Time Home Buyers Program is available to members purchasing their first home, as well as members who have not owned a home in the past three years.
View a complete list of NMLS numbers.