Regular full-time employees with regular benefits purchasing a primary home in the Hanover area are eligible to apply for a Dartmouth Plus loan at any of the participating banks. To find out more about the Dartmouth Plus program, contact the participating bank representative and reference interest in the Dartmouth Plus program.
Application for a Dartmouth Plus mortgage is made directly to the participating bank. When an application is submitted the employee will need to specifically reference the Dartmouth Plus program and provide proof of regular full-time employment.
First-time home buyers and Nationally Recruited Employees (referred to herein as tenure-track faculty, tenured faculty receiving the tenure decision within the last two years, and PDLA Administrators and above hired within last two years) are eligible for the same benefits as other full-time employees, but may also be eligible for additional assistance provided by a participating bank and for Dartmouth Credits.
Eligible employees interested in these potential additional benefits will need to complete and submit to the Dartmouth Real Estate Office an Additional Benefits Application Form (PDF format) verifying that the employee qualifies for any additional assistance available to a first-time home buyer or Nationally Recruited Employees. Following receipt of the completed application, the Real Estate Office will return to the employee a confirmation letter to be submitted with the employee's application to the bank, confirming the employee's special status and the amount of any Dartmouth Credits awarded. (Potential eligibility for additional benefits or Dartmouth Credits should also be referenced in any preliminary mortgage discussions.)
Additional benefits provided by the participating bank programs can be found in the bank program descriptions.
If you have questions regarding your employment grade, please contact your Department Head or Human Resources Consultant.
