When you enroll in our Homeownership Program, you will be provided with the support you need to purchase a home. Whether you have had difficulty qualifying for a mortgage due to income, insufficient savings for a down payment or past and present credit difficulties, Dollar Bank’s Homeownership Program will be a beneficial resource for you.
With the Homeownership Program, you’ll start with a confidential one-on-one session with a Dollar Bank credit consultant. Together, we will review your employment history, credit profile and available funds to determine which area(s) could be strengthened through the program.
Our Homeownership Program includes:
Homebuyer Education Class
An informational session will prepare you for the home buying process. Your credit consultant will work with you to find the best mortgage payment to fit your finances. You will learn how to shop for a home and apply for and close on a mortgage.
Down Payment and Closing Cost Assistance
Dollar Bank’s Matched Savings Program can assist qualified families participating in the Homeownership Program with down payment and closing costs associated with purchasing a home. Once you've saved $1,000 in a Dollar Bank savings account, we'll match you up to $5,000 on your down payment, closing costs and other qualified expenses, for a total of up to $6,000.