Great option for first-time homebuyers May prequalify for up to $7,500 to assist with closing costs and down payment Minimum down payment as low as 3% Application fee credited back as closing cost discount Investors Bank matches up to $4 for every $1 you hold in a Savings account Buying your first home is exciting, and finding the right mortgage to meet your needs is important. Investors Mortgage Professionals can help you find the perfect fit. With our First Home Club, prequalified participants may be eligible to receive up to $7,500 to help with the down payment or closing costs. Investors will match up to $4 for every $1 you hold in a new, dedicated savings account. Suggested Savings Plans for Maximum Match $188 for 10 months = $1,880 $157 for 12 months = $1,884 $105 for 18 months = $1,890 $ 79 for 24 months = $1,896 Plus, First Home Club participants may be eligible for a reduced rate and/or a refund on the application fee that can be applied toward closing costs. Investors Mortgage Professionals host monthly seminars to educate and assist first-time homebuyers. Participation in homebuyer counseling is required for the homebuyer assistance match program. Please Note: Web site authorization by the New York State Department of Financial Services is pending. Until this site is authorized, no mortgage loan applications for properties located in New York will be accepted through this site.