Eligibility
Your eligibility for the WSFS Grant Program and the Neighborhood Opportunity Program depends on several factors, including your income, location and the amount of the loan. Please contact us to learn more about eligibility.
Grants can be used toward down payments or closing costs[1] – no repayment necessary.[2]
You can combine the WSFS Grant Program with other WSFS, community and government programs.
A complimentary financial plan and consultation from Bryn Mawr Trust, a division of WSFS Bank, and homebuyer education so you feel confident in becoming a homeowner.
Up to 6% seller’s assist.
As little as 3% down payment options with flexible guidelines.[4]
Save extra money monthly without private mortgage insurance.
Homebuyer education so you feel confident and prepared to become a homeowner.
Your eligibility for the WSFS Grant Program and the Neighborhood Opportunity Program depends on several factors, including your income, location and the amount of the loan. Please contact us to learn more about eligibility.
1 Home must be a primary residence located in a census tract where at least 50% of the population identifies as minority and the total household income cannot exceed 100% of the Area Median Income (AMI), as determined and published by HUD.
2 1099-MISC will be issued to borrower on awarded funds. WSFS Bank will leverage other down payment and/or closing costs Grant programs prior to deployment (or use) of WSFS Grant Funds. WSFS Grant funds awarded while funds last for the award program year. Loan program is subject to change. Offer subject to credit approval.
3 To qualify, the property must be in a low to moderate income census tract or the maximum income for the borrower(s) must not exceed 80% of the area median income (AMI). Home must be a primary residence or second home, single-family dwelling, townhouse, planned unit development or condo. Loan program is subject to change.
4 Applies to qualified borrowers.
5 For qualified loans in a defined low- or moderate-income census tract or meets defined program credit requirements.
Ask your WSFS Mortgage Loan Officer for more details. This is not a commitment to lend. Borrowers must meet underwriting guidelines and are subject to credit review and approval.
Wilmington Savings Fund Society, FSB d/b/a WSFS Bank.
Bryn Mawr Trust is a division of WSFS Bank.
Products and services are provided through WSFS Financial Corporation and its various affiliates and subsidiaries.
Trust and investment advisory services are offered through Bryn Mawr Trust. Bryn Mawr Trust is not a registered investment advisor.
Investment advisory services are also offered through Bryn Mawr Capital Management, LLC (“BMCM”), an SEC registered investment advisor and a subsidiary of WSFS Financial Corporation. BMCM’s Registration as an investment advisor does not imply a certain level of skill or training.
INVESTMENTS: NOT A DEPOSIT. NOT FDIC – INSURED. NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY. NOT GUARANTEED BY THE BANK. MAY GO DOWN IN VALUE.