Yes, you can now save on your home mortgage if you reside in Delaware near public transit and use it to commute. Thanks to a partnership between DART First State, Fannie Mae, Wilmington Trust, and Citizens Bank, you can apply for a "Smart Commute" mortgage, and not only save on commuting costs, but also on your mortgage.

As an added incentive, homebuyers who purchase a home with a Smart Commute mortgage will get FREE DART bus transit passes for six weeks to save on commuting costs. To learn even more about how much you can save by commuting by transit visit Driving Costs vs. Transit Savings.

The Smart Commute mortgage is available to eligible homebuyers who purchase a home in Delaware within three-quarters of a mile of a DART rail station or bus stop. Qualified borrowers may be able to have their qualifying income expanded up to $250 a month ($3,000 a year) in two wage-earner household, or $200 a month ($2,400 a year) for single wage-earner households. Wilmington Trust and Citizens Bank will consider this expanded amount as additional qualifying income when applying for a mortgage.

To find out more information and to apply for a Smart Commute Mortgage, contact Citizens Bank at 1-888-801-4651 or Wilmington Trust at 302-651-8848

Buy a Home Near Transit & Ride - It's a Smart Commute and the Money-Saving Way to Go!

Getting There Starts Here - Especially when you want to save money owning a home and commuting!

For more information regarding Fannie Mae call 1-800-732-6643 or visit the Fannie Mae web site