Federal Deposit Insurance Corporation - FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Federal Deposit Insurance Corporation - FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Federal Deposit Insurance Corporation - FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Federal Deposit Insurance Corporation - FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Down Payment Plus® (DPP) is a forgivable grant program that can help eligible homebuyers with down payment and closing costs. Grants are provided through participating lenders like Midwest Bank. Funds are limited and available on a first‑come, first‑served basis.
Grant funds toward your down payment and closing costs.
HUD-approved course required prior to closing.
No repayment if program conditions are met for 5 years.
Minimum $1,000 borrower contribution required.
Talk to a Midwest Bank mortgage lender to review your goals and eligibility.
Complete your mortgage application and provide income/asset documents.
Finish an approved homebuyer education course before closing.
Important Disclosure
*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.