WSFS Bank Offers Down Payment Assistance Through 2025 Mortgage Grant Program with $1.5 Million Commitment
Program has provided more than
Since the program’s launch three years ago, WSFS has provided over
“We understand that purchasing a home can be a challenging process, especially for first-time buyers,” says Ron Dutton, Senior Vice President, Director, Community Reinvestment for WSFS Bank. “With initiatives like this, we aim to simplify the process and empower more people to achieve their dreams of homeownership.”
The program offers qualified borrowers up to
Key program features include:
- No required repayment for grant funds awarded.2
- Flexible guidelines to accommodate various borrower needs.
- Homebuyer education programs to prepare first-time homebuyers.
-
6% seller’s assist, depending on the borrower’s down payment.
- Ability to combine with other programs, such as the WSFS Neighborhood Opportunity Program.
- Competitive mortgage rates and exemplary customer service.
- A complimentary financial plan and consultation from Bryn Mawr Trust.
To be eligible for a WSFS Down Payment Grant, total household income must be at
-
Delaware –Kent ,New Castle andSussex -
New Jersey –Burlington andCamden -
Pennsylvania –Bucks ,Chester ,Delaware ,Montgomery andPhiladelphia
For more information, visit https://www.wsfsbank.com/borrowing/mortgages/affordable-mortgage.
To speak with a WSFS representative about the Down Payment Grant Program, call 855.901.9737 or call 888.456.0146 to discuss the Neighborhood Opportunity Program.
1May vary based on program underwriting guidelines. Home must be a primary residence located in a census tract where the population is at least a
21099-MISC will be issued to borrower on awarded funds. WSFS Bank will leverage other down payment and/or closing costs Grant programs prior to deployment (or use) of WSFS Grant Funds. WSFS Grant funds awarded while funds last for the award program year. Loan program is subject to change. Offer subject to credit approval.
About WSFS Financial Corporation
WSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and trust company in the
View source version on businesswire.com: https://www.businesswire.com/news/home/20250212390635/en/
Media: Connor Peoples
215-864-5645
cpeoples@wsfsbank.com
Source: WSFS Financial Corporation