Mortgage Options

This special program has been designed for use by doctors, dentists, attorneys and other professionals who demonstrate a likelihood of ongoing influence and service to their communities.

• As low as 5% down payment for purchase or construction of a primary residence up to $1.5 million.
• Interest charged only on the outstanding balance during construction
• Available for Construction-to-Permanent loans.
• No Private Mortgage Insurance required.
• Very competitive rates.
• .125% rate discount for automatic payment from a WesBanco checking account.

Ready to buy a home, but need help with your down payment? WesBanco’s Community Heroes Program offers 100% financing on your home purchase price*. Available to Firefighters, Paramedics, EMTs, Police Officers, Teachers, Professors, Active Duty Military, Nurses and more**!

• Loan Types: 5/1, 7/1, 10/1 and 15/1 Adjustable Rate Mortgages
• Owner occupied primary residences, single family/condo
• 3% seller concession allowed
• Maximum loan amount of $766,550

* Private Mortgage Insurance required.
** Teachers must be full-time, state certified and currently employed. Also open to National Guard and reserve members.

WesBanco’s Wealth Builder Program offers 100% financing on your home purchase. Our program offers flexible financing and adjustable rate options. Let us be your
financial partner!

• Loan Types: 7/1 and 10/1 Adjustable Rate Mortgages
• Owner occupied primary residences, single family/condo
• Up to 100% financing for home purchases with reduced Private Mortgage Insurance

VA loan options are available to qualified veterans, active duty, reservists or National Guard.

• Normally, little-to-no down payment is required on a VA loan.
• Fixed- and adjustable-rate payment options are available.

Government loan program that provides for more flexible qualification criteria than that of a conventional loan.

• Down payments as low as 3.5%.
• Seller can assist with up to 6% of purchase price toward buyers/borrowers closing costs.
• FHA loans do not have income limits – maximum loan amount determined by HUD.

The USDA Rural Development Loan is a 100% Government-insured home purchase loan, typically for rural areas however many small communities that lie just outside major metropolitan areas may qualify.

• No down payment required.
• Competitive fixed rates.
• Lower credit scores are allowed.
• Not limited to First-time home buyers.
• Up to 100% of appraised value – plus one-time guarantee fee.

State Bond Programs are often referred to as “first-time home buyer” programs.

• Conventional and government programs that are competitively priced with flexible financing terms.
• While all state bond programs/products may not provide for down payment and closing cost assistance, many provide this assistance to qualified borrowers.
• Income and house price limits often apply. You may not need to be a first-time buyer to qualify. In targeted counties, there is no requirement of first-time buyer status.
• First-time buyer status is typically defined as someone who has not owned and occupied a principal residence in the past 36 months.