During the application process, you will be asked option if you’d like to be considered for these programs. If yes, you will go through a series of optional qualifying questions. If you qualify, your loan rate will reflect the discounted rate.
To qualify for the Special Purpose Credit Program for BIPOC borrowers you must self-identify as black, indigenous, or a person of color on the application.
To qualify for the low-income loan discount a single applicant’s income level must be less than 50% of Area Median Income (“AMI”) or the combined income level of two co-applicants must be less than 80% of AMI.