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Mortgage Tips

Downpayment Plus Program (DPP)

Need Help with a Home Loan Down Payment?

Posted On: August 14, 2025 by Prevail Bank in: Home Loans

Need Help with a Home Loan Down Payment? Buying a home is a big step --- for many, the biggest obstacle is saving enough for the down payment and closing costs. That’s where the Downpayment Plus Program (DPP) comes in.

The Downpayment Plus Program (DPP) is a 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...

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Tags: Down Payment, Down Payment Assistance, Downpayment Plus Program, Home Lending, home loan, Mortgage Tips

What should be taken into consideration when remodeling a home

What Should be Taken into Consideration When Remodeling a Home?

Posted On: July 17, 2025 by Prevail Bank in: Home Loans

 

Remodeling a home can be an exciting and rewarding experience, but it also requires a considerable amount of time, effort, and money. Carefully consider the pros and cons of remodeling before taking on such a project. Homeowners typically consider remodeling when their current living space no longer meets their needs, or if they want to make improvements that will increase the value of their property.

What are the Pros and Cons of Remodeling?

Remodeling has both advantages...

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Tags: Home Equity, Home Loans, Mortgage Tips, remodeling

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