As a Credit Union built on the idea of people helping people, we believe our local heroes should be able to afford a home.
Why choose DuPage Credit Union for your mortgage?
Get help with Community Heroes Loans.
Yes, if you have money that’s been gifted to you or you’ve been given a grant for housing, you can apply those funds toward a down payment.
Yes, you can qualify for the Community Heroes Loan even if you’ve owned a home before as long as you don’t own a home at the time of closing.
Yes. PMI is required until you’ve paid 20% of your loan. Once you’ve reached 20% equity, you can contact us to remove the PMI or it will automatically be removed once you’ve paid 22% of your LTV (loan-to-value).
Homeowners insurance required. Single-Family homes only in Illinois. Does not include 2-4 flat or apartment complex financing. Minimum credit score requirements apply. Cannot currently own another home. Minimum loan amount is $50,000. Other terms may be available. Documentation of employment is required to verify the Members position. Consult a tax adviser regarding deductibility of interest. Must be a Member in good standing. Other restrictions may apply.
The rate lock period is 50 days.