DOWNPAYMENT PLUS

 

Downpayment Plus®

Downpayment and Closing Cost Assistance

Up to $10,000 may be available to eligible homebuyers to use toward down payment and closing costs for a home purchase. Better yet, this grant is forgiven after 5 years.

 

Ask one of our Mortgage Loan Officers today about the Downpayment Plus Program to see if you are eligible.

 

Homebuyers must meet income eligibility requirements and:

• Contribute at least $1,000 to the purchase of the home

• Complete pre-purchase homebuyer education and counseling

• Live in the home as your primary residence

 

 

* Downpayment Plus is a program from the Federal Home Loan Bank of Chicago. Restrictions apply. Please see the Federal Home Loan Bank of Chicago's website at www.fhlbc.com for complete requirements. "Downpayment Plus" is a registered trademark of the Federal Home Loan Bank of Chicago.