Homebuyer Grants

Don’t let a down payment or closing cost keep you from purchasing a home. You may qualify for a grant up to $15,000! The HOPE program provides support for down payments, closing costs, and eligible repairs for homebuyers, and it is not limited to first-time homebuyers, making it accessible to a broad range of homebuyers. The First-time Homebuyer Grant similarly offers assistance with down payments, closing costs, and repairs; but it is limited to first-time homebuyers with very low, low, and moderate incomes.

It's the Heartland Way.

Grants available to a broad range of homebuyers and income levels.

Provides down payment, closing cost and repair assistance to eligible homebuyers.

Funds are limited and available on a first come first serve basis.

First-time Homebuyer Grant Details

Income-eligible first-time homebuyers may qualify for a grant of $15,000 to provide down payment or closing cost assistance, greatly reducing your out-of-pocket expense.

Grants for 2025 will be available beginning March 3, 2025
Limited to very low, low, and moderate household incomes
Grant recipients will take a free online homebuyer education course designed for first-time homebuyers to help you prepare for homeownership
Live in the house for at least 5 years and the grant will be fully forgivable
With approved credit for qualified buyers
Subsidies are limited

HOPE Grant Details

Income-eligible homebuyers may qualify for a grant of $12,500 to provide down payment or closing cost assistance, greatly reducing your out-of-pocket expense.

Grants for 2025 will be available beginning March 3, 2025
Household income must be at or below 150% of the Area Median Income
Not limited to first-time homebuyers
Live in the house for at least 5 years without refinancing and the grant will be fully forgivable
With approved credit for qualified buyers
Subsidies are limited

Funds are limited, so contact an HCU Real Estate Loan Consultant immediately for more information or to apply. Call us at 800.428.8472.