Sandy Spring Bank, in an effort to give back to those who work everyday to improve our communities, unveiled a new mortgage product last week to meet the needs of civil servant workers. The Civil Service Mortgage Loan Program features a low down payment, flexible terms, attractive interest rates and no mortgage insurance requirements. Local law enforcement officers, fire fighters, EMTs, paramedics, K-12 schoolteachers, and active duty, reserve or retired military service members are eligible to apply.
“At Sandy Spring Bank, we strive to give back to the individuals who help improve our communities everyday, by offering a qualified mortgage product to help them achieve their dreams of homeownership, without the burden of mortgage insurance or a large down payment,” said Daniel J. Schrider, Sandy Spring Bank President and CEO.
In this ever-changing mortgage environment, it is important for first-time and returning homebuyers to have options. The Civil Service Mortgage Loan Program is meant to provide a unique lending option for those who work to improve the overall safety and well-being of those residing in Maryland, DC and Virginia.
"At Sandy Spring Bank, we are more than just a bank or mortgage lender," said Lynne Pulford, Senior Vice President of Sandy Spring Bank’s Mortgage Division. "We are a partner that is committed to help those who protect and serve our communities."
Civil service employees who are interested in this mortgage loan product are encouraged to contact Sandy Spring Bank to discuss their eligibility. To find the nearest Sandy Spring Bank branch, you can visit SandySpringBank.com or call 800-399-5919.