With rent only continuing to increase, saving up for a home might feel like chasing a financial unicorn. But what if it didn’t have to? At Union Savings Bank, we help make the home-buying process achievable with our down-payment assistance programs plus financial planning and assistance.
Many people may not have the capability to save rapidly for a down payment and upfront cost—especially with astronomical rent prices. Down-payment assistance programs exist to make homeownership possible for those who qualify for a loan.
Curious about which program(s) you qualify for? Watch our latest video to get a preliminary understanding of each program, and contact a Union Savings Bank loan officer today to get started.
As the video explains, there are several different types of down-payment assistance programs, such as repayment, career-specific, and first-come-first-serve (or time-sensitive) programs.