We can make it easier to get your foot in the front door.
The more money you contribute to your home purchase, the more assistance you can receive - up to $10,000.
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Participate in homeownership education and counseling provided by Federal Home Loan Bank of Chicago as part of eligibility requirements.
A friendly Fox lender can explain the income guidelines and other details of the Downpayment Plus® program.
You could receive up to three times your down payment contribution to the purchase of your next home - a maximum of $10,000.
What's it take to buy a home? Often, years of savings and thousands of dollars in down payment and closing costs. At Fox, we may be able to offer you a shortcut. Through our partnership with the Federal Home Loan Bank of Chicago, you could be eligible for up to $10,000 in home-buying help. Here's how it works.
Homeowners must14 meet income and eligibility requirements:
- Contribute at least $1,000 of your own funds towards the home purchase
- Participate in homeownership education and counseling
- Live in the home as your primary residence
Federal Home Loan Bank of Chicago is one of 11 U.S. government-sponsored banks that provide services to financial institutions. Fox's affiliation with the bank allows us to bring this program to our members.
Fox Communities Credit Union is a full-service, not-for-profit financial institution serving members throughout Eastern Wisconsin, including Appleton, Green Bay, Oshkosh, Manitowoc, and Milwaukee.
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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.
Additional eligibility requirements apply.
Equal Housing Opportunity Lender.