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            • News Release: 9/7/2023

              CommunityEducationHuman InterestEconomicGeneral News ArticlePress Release

              KeyBank’s Neighbors First Credit Program Helps Make Dream of Home Ownership a Reality

              Prospective Homebuyers and Realtors:  KeyBank’s Neighbors First CreditSM can help make the dream of home ownership a reality by providing up to $5,000to homebuyers for the purchase of eligible properties.
              Neighbors First Credit helps homebuyers in underserved communities pre-pay costs associated with acquiring a new home, including mortgage insurance, flood and hazard insurance, escrow deposit, real estate taxes and per diem interest.
              To qualify, a homebuyer must:

              • finance the purchase of an owner-occupied home through a residential mortgage with KeyBank; and
              • the home address must be located in a community designated for the credit. Contact a local KeyBank branch or Mortgage Loan Officer for details.
              “The Neighbors First Credit is the latest in a series of steps we are taking to help the communities we serve thrive,” said Michael Waters, Home Lending Leader for Key’s Hudson Valley/Metro New York market. “At KeyBank, helping all residents have equal access to homeownership is a priority. We are reducing the barriers of homeownership through responsible lending products and services, educational support, and direct investment into the diverse communities we serve.”
              Learn more about the Neighbors First Credit here.

              Tune in to DCRCC’s The Hudson Valley Business Scene Radio Show
              KeyBank’s Market President John Manginelli and Home Lending Leader Michael Waters will join Frank Castella Jr. to talk more about KeyBank’s homebuying resources on the Dutchess chamber’s radio show airing October 15th at 11:30 am on 1450/1370AM & 98.5FM WKIP.
               
              NOTICE: This is not a commitment to lend or extend credit. Conditions and restrictions may apply. All home lending products, including mortgage, home equity loans and home equity lines of credit, are subject to credit and collateral approval. Not all home lending products are available in all states. Hazard insurance and, if applicable, flood insurance are required on collateral property. Actual rates, fees, and terms are based on those offered as of the date of application and are subject to change without notice. Mortgage and Home Equity Lending products offered by KeyBank are not FDIC insured or guaranteed.

              NMLS# 399797
               
              [1] Eligibility is determined based on both census tract and community locations.
              [2] Available on primary residence purchases only.  Limited to certain geographical areas.  Ask us for details.

              News Release: 9/7/2023

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