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Downpayment Assistance Homebuyer Grant | MembersAlliance Credit Union

2550 South Alpine Road, Rockford, IL 61108

Eligibility

Must meet income guidelines (cannot exceed 80% of area median income), be able to contribute at least $1,000 to the purchase of the home, complete pre-purchase homebuyer education and counseling, and live in the home as the primary residence

Application process

Call for information

Fees

None

Service area

Winnebago County, IL

Description

Up to $10,000 may be available to eligible homebuyers to use toward down payment and closing costs. 

Providing organization

MembersAlliance Credit Union

Not-for-profit financial cooperative.