Community Partners Product*

Community Partners Product provides up to $10,000 in home purchase assistance to current or retired law enforcement officers, educators, health care workers, firefighters, and other first responders; veterans and active-duty members of the military or their surviving spouse; and COVID-related essential workers. Funding is available to both first-time homebuyers and non-first-time homebuyers that meet product eligibility requirements.

Product Highlights:

  • Maximum funding per household is $10,000
  • The homebuyer must contribute at least $1,000
  • The homebuyer must have income that is less than or equal to 80% of the county area median income or the state median family income for the area, adjusted for family size as published annually by the Department of Housing and Urban Development (HUD), whichever is higher
  • Funding is available for owned-occupied homes located within the United States and its territories

Eligible homebuyers include:

  • Retired law enforcement officers
  • Educators
  • Health care workers
  • Firefighters and other first responders
  • Veterans and active-duty members of the military or their surviving spouse
  • COVID-related essential workers

First-Time Homebuyer Product*

First-Time Homebuyers Product provides up to $7,500 in down-payment, closing-cost, and principal reduction assistance for the purchase of a home by a first-time homebuyer. Homebuyers must meet product eligibility requirements and apply for funding through a participating member financial institution.

Product Highlights:

  • Maximum funding per household is $7,500
  • The homebuyer must contribute at least $1,000
  • The homebuyer must have income that is less than or equal to 80% of the county area median income or the state median family income for the area, adjusted for family size as published annually by the Department of Housing and Urban Development (HUD), whichever is higher

Eligible properties include:

  • Owner-occupied 1-4 family properties
  • Townhouses, condos
  • Foreclosed properties
  • Cooperatives
  • Manufactured and Mobile Housing
  • New construction (within 30 days of closing)

Please contact one of our loan officers to determine if you are eligible for one of our DPA Programs and to begin your application process.

*Additional requirements apply. Funding is available to qualified borrowers that meet product and income eligibility requirements.