Downpayment Plus

Downpayment Plus® Program

Downpayment Plus Program

If you want to buy a home and have a steady income and good credit, Blackhawk Bank & Trust and the Federal Home Loan Bank of Chicago can help.

Through the Downpayment Plus®Program*, up to $6,000 may be available to eligible homebuyers to use toward down payment and closing costs. Ask one of our loan officers today about the Downpayment Plus Program to see if you are eligible.

To be eligible, you must meet income and eligibility requirements, including:

  • You must contribute at least $1,000 to the home purchase
  • You must attend pre-purchase home buyer counseling to ensure you understand the buying process as well as ownership responsibilities.
  • You must use the home as your primary residence.

Blackhawk Bank & Trustis committed to helping our neighbors. We can help lower your borrowing costs if you qualify for the Downpayment Plus Program.

* 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.

 

 

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