How to Receive Up to $20,000 in Down Payment Assistance

Posted by Laine Smith on 1/5/17 9:30 AM

Topics: First Time Home Buyer Closing on your Home home buying Down Payment Assistance Down Payments

Closing costs and down payments are common homebuying hurdles. With that being said, we are excited to announce our introduction of Associated Bank’s Homeowner’s Edge Loan Plus (HELP) program at Compass Mortgage.

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The HELP Program is available to assist borrowers purchasing or refinancing a primary residence in approved majority-minority census tracts in Wisconsin and Illinois.

The HELP program offers:

  • 5% or $20,000 (whichever is lower) to assist with closing costs and down payment for purchase transactions
  • 5% or $20,000 (whichever is lower) to cover applicable closing costs for refinance transactions

Contact one of our mortgage bankers to learn about HELP area eligibility and program information.

Interested in buying your first home? Download our free Mortgage 101 Handbook to learn more about loan options and the home financing process.

Download: Mortgage 101 Handbook

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