First Front Door FFD provides down payment and closing cost assistance to eligible first-time homebuyers. In order to expand access to homeownership opportunities for minority and first-generation first-time homebuyers, the First Front Door Keys to Equity fund Keys was established.
Also offered through participating FHLBank members that provide first-mortgage financing. Qualified first-time homebuyers can use FFD grants toward down payment and closing costs. Each prospective homebuyer must:. Qualified first-time homebuyers can use Keys grants toward down payment and closing costs. Prospective homebuyers should visit the FFD homebuyer website to learn how homebuyers can qualify and apply for FFD funding.
Only members registered to participate in the FFD program may apply for funding on behalf of their homebuyers. Eligible members can then submit FFD applications during open funding rounds. Please email firstfrontdoor fhlb-pgh. Keys applications may only be submitted by members that have already executed the Keys Participation Agreement. Contact the FFD program at , option 3, or firstfrontdoor fhlb-pgh.
What is First Front Door? Please contact us at , option 2, if you need assistance. FHLBank Pittsburgh members benefit from FFD and Keys in a variety of ways: Enhances first-time homebuyer products Improves market competitiveness Strengthens member underwriting Provides Community Reinvestment Act credit Empowers first-time homebuyers, deepening banking relationships.
Each prospective homebuyer must: Be a first-time homebuyer A person who has not owned an eligible property used as their primary residence in the last three years, This also includes if purchasing jointly with other individuals, at least one person has not owned an eligible property used as a primary residence in the last three years, This also includes any person that has owned an eligible property jointly with another individual and is now independently purchasing an eligible property, or If an investment property is owned, the person has not lived there and has not owned an eligible property used as a primary residence in the last three years.
