Downpayment Plus Program

 
Lower Your Borrowing Costs with up to $6,000 available for the purchase of your home. 
 

If you want to buy a home and have a steady income and good credit Hickory Point Bank & Trust and the Federal Home Loan Bank of Chicago can help.

What is the Downpayment Plus® Program?

Through the Downpayment Plus® Program*, up to $6,000 may be available to eligible homebuyers to use toward down payment and closing costs. Ask one of our loan officers today about the Downpayment Plus Program to see if you are eligible.

Homebuyers must meet income eligibility requirements and:

  • Contribute at least $1,000 to the purchase of the home
  • Complete pre-purchase homebuyer education and counseling
  • Live in the home as your primary residence

Hickory Point Bank & Trust is committed to helping our neighbors. We can help lower your borrowing costs if you qualify for the Downpayment Plus Program.

For additional information contact one of our loan officers about the Downpayment Plus Program to see if you are eligible. 

How do I qualify for the Downpayment Plus® Program?

Homebuyers must meet income eligibility requirements and:

  • Live in the home as your primary residence
  • Contribute at least $1,000 to the purchase of the home
  • Complete pre-purchase homebuyer education

* Downpayment Plus is a program from the Federal Home Loan Bank of Chicago. Restrictions apply. Please see the Federal Home Loan Bank of Chicago’s website at www.fhlbc.com for complete requirements. “Downpayment Plus” is a registered trademark of the Federal Home Loan Bank of Chicago.

*Homebuyers must meet elibibility requirements and contribute at least $1000 to the purchase of the home, complete pre-purchase homebuyer education and counseling, and live in the home as your primary residence.

Contact Us

Can’t find what your looking for? Contact us during regular business hours at 1-800-872-0081

Contact Information

Main Office
225 North Water Street
Decatur, IL 62523

Mailing Address
P. O. Box 2548
Decatur, IL 62525

Phone
(217) 875-3131
Toll Free
1-866-242-6262

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