02/09/2018: Downpayment Plus® Program Opening Soon
Downpayment Plus® Program Opening Soon
The Federal Home Loan Bank of Chicago, (FHLB Chicago,) has officially announced the date that funds will again be available for their Downpayment Plus® (DPP®) program on March 12, 2018.
This is great news for us at Guardian Savings Bank; because that means that in just over a month we will again have funds available to give first time homebuyers up to $6,000 in assistance on the down payment and closing costs of their home.
Homebuyers must meet income eligibility requirements and:
- Contribute at least $1,000 to the purchase of the home, $2,000 to achieve the full $6,000
- Participate in homebuyer and financial literacy counseling
- Live in the home as your primary residence
Come in and speak with one of our experienced and helpful loan officers TODAY to learn more.
