Home ownership is a dream for many individuals, but sometimes just beyond their reach. United Bank's Community First Mortgage Program has been created to offer a little extra help. The program offers flexibility, giving our qualified borrowers the choice of benefit that assists them most in the borrowing process.
To be eligible for the Community First Mortgage Program, the property being purchased or refinanced must be for the borrower's primary residence and be located in a majority-minority census tract within United Bank's defined markets. These eligible tracts currently exist in the following counties: Spalding, Newton, Upson and Coweta.
To see if your property qualifies, use the interactive map to search for your neighborhood.*
The Community First Mortgage Program is in keeping with United Bank’s mission: providing financial solutions while building relationships with integrity and trust. Increasing home ownership in our communities is one of the most tangible ways the Bank can make a positive impact and help our neighborhoods thrive.
*This map is for reference only. To confirm whether your property meets the eligibility requirements, please contact a United Bank mortgage lender. See contact information below.
Choose the option that benefits you the most (options cannot be combined):
Option 1 - United Bank's 10/5 Adjustable Rate Loan Product
- Applies to United Bank 10/5 ARM product amortized up to 30 years
- United Bank will pay the cost to buy the rate down by up to 3% from the rate established upon applicant approval
- United Bank will pay up to $5,000 towards United Bank closing costs
- Loan amounts will be limited to $832,750 and lower
- For purchases on 1-4 family, primary residence dwelling
Option 2 - United Bank's 5/1 & 5/5 Adjustable Rate Loan Product
- United Bank will pay up to $5,000 towards United Bank closing costs
- United Bank will pay up to $5,000 in down payment assistance towards purchase price
- Loan amounts will be limited to $832,750 and lower
- For purchases on 1-4 family, primary residence dwelling
Option 3 - United Bank's Fixed Rate Product through Freddie Mac
- United Bank will pay up to $5,000 in down payment assistance towards purchase price
- Loan amounts will be limited to $832,750 and lower
- For purchases on 1-4 family, primary residence dwelling
Option 4 - United Bank's 10/5 Adjustable Rate Loan Product (for Refinance Only)
- Applies to United Bank 10/5 ARM product amortized up to 30 years
- United Bank will pay the cost to buy the rate down by up to 3% from the rate established upon applicant approval
- United Bank will pay up to $5,000 towards United Bank closing costs
- Loan amounts will be limited to $832,750 and lower
- For refinancing on 1-4 family, primary residence dwelling
Option 5 - United Bank's 5/1 & 5/5 Adjustable Rate Loan (for Refinance Only)
- United Bank will pay up to $5,000 towards United Bank closing costs
- Loan amounts will be limited to $832,750 and lower
- For refinancing on 1-4 family, primary residence dwelling
- Mobile Homes are not eligible for cash-out refinance transactions
Option 6 - United Bank's Fixed Rate Loan through Freddie Mac (for Refinance Only)
- United Bank will pay up to $5,000 towards United Bank closing costs
- Loan amounts will be limited to $832,750 and lower
- For refinances on 1-4 family, primary residence dwelling
To learn more about the Community First Mortgage Program, contact a United Bank Mortgage Lender:
For Coweta County, contact Chelsea Davis
For Newton County, contact Sherveca Head
For Spalding County, contact Michelle Harrison
For Upson County, contact Mark Gaskins
For Spalding County, contact Michelle Harrison
For Upson County, contact Mark Gaskins