Federal Home Loan Bank “First Front Door” Program 2021
SSB Bank participates in the Federal Home Loan Bank “First Front Door” Program. This program helps us open the door for first-time homebuyers in the Pittsburgh area. For every $1 you contribute toward your down payment and closing costs, FFD will provide $3 in assistance, up to $5,000!
The 2021 FFD funding round opens April 5.
How Does the Process Work?
Contact us for more information about the application process. You will complete a First Front Door application, and SSB will work with FHLBank to review your application and determine your eligibility within 10 days. If you are approved, you will have 6 months to complete your loan application with SSB, find your home, purchase your home, and complete four hours of homeownership counseling.
How To Qualify
To qualify, you must:
- Be a first time homebuyer (not a homeowner within the past three years or owned a home only while married, but not as a single person, within the past three years. This includes a married couple if either has not owned a home within the past three years)
- Be able to contribute personal funds toward the down payment and closing costs
- Have a household income at or below 80% of the area median income (details here)
- Attend at least 4 hours of homeownership training prior to purchase
- Work at least 30 hours a week if a student
How To Apply
The 2021 FFD funding round will open on April 5. Call Heather Dieckmann at (412) 322-9023, or stop in to discuss our mortgage process and ask for the First Front Door grant.
2021 First Front Door funding will be open on April 5, 2021.
For more information on this program, please contact us below or visit the FHLBank Pittsburgh website.
Get More Information About Mortgages with SSB Bank
Whether you are ready to get pre-qualified for a home loan or you aren't sure where to start, we're ready to help. Contact us below so we can assess your needs and help you make the smartest decisions for your home loan application.
Heather Dieckmann(412) 837-6955
