FORMS & WORKSHEETS
TOOLS & RESOURCES
FIRST-TIME HOME BUYERS
The Progress Draw Advantage program is designed to assist borrowers who are constructing a new home or making major renovations to an existing property. Both contractor-built and self-built projects are eligible under the insured Progress Draw Advantage program.
NOTE: Builder loans are not eligible.
NOTE: Maximum LTV is subject to adjustments based on local housing market conditions.
NOTE: Mortgage Insurance premiums are non-refundable.