First Time Homebuyer Program

Make your dream of homeownership a reality.

If you’re ready to purchase your first home, we’re here for what’s next with loan options designed to get you the keys to your first place and save money in the process.

Our Expert Team Is Here For You!

Our expert team of residential lenders is here to walk you through your first home loan every step of the way. We will communicate with you and your realtor through each stage of your loan closing.

Programs To Meet Your Needs



  • Different sources for down payment accepted
  • Flexible credit requirements
  • Higher loan amounts in some areas (FHA maximums can exceed Conventional Loan limits)
  • Up to 6% seller-paid concessions allowed
  • Lower interest rates

Conventional Home Loans

Conventional Home Loans are our most popular home loan and fit a wide range of first-time buyers and properties.

Conventional Loan Benefits

  • Gift Funds are allowed (Gift letter and proof of funds required)
  • Flexible repayment terms
  • No upfront Private Mortgage Insurance required (monthly mortgage insurance required for some loans)
  • Up to 3% seller-paid concessions allowed

Conventional Loan Requirements

  • Homebuyer education course may be required prior to closing
  • At least one borrower must be a first-time homebuyer
  • Loan must be used for a single-unit, primary residence
  • Minimum credit score of 620 required

Find the Home Loan That's Right for You!

No two journeys to homeownership look the same, but BayFirst can make the loan process easier from start to finish!

Contact Us Today!

Need More Information?

Read our first time homebuyer guide!
All loans subject to approval, including credit approval. Income, credit and property restrictions may apply. Other programs available. Programs subject to change or termination without notice. BayFirst National Bank is not affiliated with the Federal Housing Administration, U.S. Department of Veterans Affairs, or any other government agency.