Pathway Mortgage
We open doors for first-time homebuyers
If you're ready to take the step to home ownership and need an affordable mortgage to get you started, we can help. Our NSB Pathway Mortgage rewards customers for getting smarter about home buying.
With the NSB Pathway Mortgage you:
- Enjoy the stability and flexibility of a fixed rate
- Benefit from the local decision making that comes from working with a truly local bank
- Receive $1,000 toward closing costs* upon completing a homebuyer education course
*Approval subject to NSB underwriting and credit eligibility requirements
Lending Partners
Our community and government relationships
Our partnership with community and government organizations is important to our customers, allowing them to take advantage of programs that were created to assist in low-cost homeownership for lower to moderate income borrowers and Veterans.
- Vermont Housing Finance Agency (VHFA)1
- Champlain Housting Trust (CHT)
- Downstreet Housing & Community Development
- Windham & Windsor Housing Trust
- U.S. Department of Veteran's Affairs (VA)
- USDA Rural Development (RD)
- Federal Home Loan Bank (FHLB)
- Equity Builder Program (EBP)
- Housing Our Workforce (HOW)
- Lift Up Homeownership (LUH)
1NSB cannot service VHFA loans. All VHFA loans are serviced through U.S. Bank.
10 steps to your new home
Meet with one of our experienced Mortgage Bankers for advice and guidance along with information on special mortgage programs for first-time homebuyers such as Pathway, VHFA, Champlain Housing Trust, Downstreet, etc.
Meet with one of our Mortgage Bankers to assist you in the pre-approval process. Pre-approved buyers are in a far stronger position in a competitive housing market.
Having a REALTOR® on your side makes the process easier. Get recommendations from family and friends, and only work with someone you like and trust.
Work with your REALTOR® to find your dream home!
Sign a purchase & sales contract
Your offer has been accepted; congratulations you’re under contract. Contact your Mortgage Banker immediately to start the financing process.
You may choose to work with one of NSB’s approved settlement attorney’s or use your own.
Though not typically required, an inspection is essential to assuring the integrity of the home.
Your Mortgage Banker will walk you through everything you need, and the Bank will order an appraisal to verify the value of the property.
Get advice from those with experience, read online customer reviews, and comparison shop. Note that bundling your home and auto insurance could save you money.
At the closing, you’ll take over ownership of the home and receive the keys! Be sure to bring proof of a valid ID.
Homebuying Education
Below are just a few of our recommended resources for homebuying education.
Fannie Mae
When it comes to buying a home, it can be hard to know where to start. That's why we're here to help.
Champlain Housing Trust
Champlain Housing Trust's Homebuyer Education Workshops give you the tools and information you need to navigate the home purchase process and become a successful homeowner.
Downstreet Housing & Community Development
Creating Permanently Affordable Homes Throughout Central Vermont.