Community Experts

what is the community experts loan program?

Simply put, Community Experts is a no-down-payment loan program available exclusively for those who serve as experts on their subject matter for our communities.

As one of these experts, we realize the time, energy, and training it takes to reach these professional goals. This is often associated with extensive education – which certainly isn’t inexpensive. So, we’ve put a home loan program in place to cater to your needs as a “thank you” for building out the communities we live in.

who is eligible for this loan?

The following community experts are eligible:

  • Accountants (CPAs)
  • Chartered Financial Analysts (CFAs)
  • Ph.D.s
  • Architects
  • Certified Mortgage Bankers (CMBs)
  • Actuaries*

program details

  • No down payment required
  • 5/1 or 7/1 adjustable-rate mortgage
  • 740 minimum credit score required
  • First-time homebuyer not required
  • Must be primary residence purchase loan
  • Single-unit properties only
  • Loan amount cannot exceed conforming loan limit**

Geographic restrictions apply. *Actuaries with the following designations are eligible: Associate of the Casualty Actuarial Society (ACAS), Fellow of the Casualty Actuarial Society (FCAS), Associate of the Society of Actuaries (ASA), Fellow of the Society of Actuaries (FSA), Member of the American Academy of Actuaries (MAAA), Member of the Society of Pension Actuaries (MSPA), Fellow of the Society of Pension Actuaries (FSPA)

**Loan limits may be higher in some locations. Contact your loan originator to learn more. All loan requests are subject to credit approval as well as specific loan program requirements and guidelines. With Adjustable Rate Mortgage loans, the rate is variable and may increase or decrease every year after the initial fixed rate period based on changes to an index. This could result in an increase in the monthly payment.