Assistance through the Downpayment Plus Program (DPP)
Posted On: July 27, 2020 by Prevail Bank in: Home Loans
The Downpayment Plus Program (DPP) is a matching program offered by the Federal Home Loan Bank of Chicago (FHLBC) that assists income-eligible home buyers with their down payments and closing costs. The Prevail Bank Mortgage Lending Team is proud to offer this assistance through our partnership with the FHLBC. The Downpayment Plus Program is provided as a forgivable grant, which is paid on behalf of the borrower at the time the mortgage is first closed upon.
What is the Downpayment Plus...Tags: Down Payment, Down Payment Assistance, Downpayment Plus Program, Home Lending, home loan, Mortgage Tips
Prevail Bank Invests $93,650 in Local Community Initiatives
Account takeovers are on the rise. What can you do about it?
90 Years of Growth: To Our Customers We Say, 'Thank You'
Smart Debt: Choices That Shape Your Financial Future
Mortgage Closing Cost: What Can You Expect
8 Tips Before Applying for a Mortgage
Do I Really Need to Identify a Beneficiary?
Discover the Advantages of Prevail Bank. A New Standard in Banking.