With the Federal Home Loan Bank Homeowner Initiative starting in April 2019, United Financial will be helping more people in Michigan find and improve their homes. With three different home ownership programs for helping home owners, we are finding new ways to improve the standard of living in our communities. First time home buyers can receive new assistance and support and get a leg up on their first home loan. Current home owners in our community can apply for remodels that improve our neighborhoods. Finally, our homeowners can be supported in modifying their homes to accommodate their needs.

HOP : Homeownership Opportunities Program

Saving up for a down payment on your first home can be daunting. But the Federal Home Loan Bank Ownership Opportunities Program (HOP) may be the perfect program to help you achieve the house of your dreams

  • Down payment assistance up to $10,000
  • For first time homebuyers
  • Buyer must contribute $1,000 of their own funds toward the purchase
  • Buyer must complete a counseling/education program prior to loan closing
  • Buyer must demonstrate at least 1 full year of employment

NIP: Neighborhood Impact Program

Let us help you put some pride and equity back into your home through the Federal Home Loan Bank Neighborhood Impact Fund (NIP).

  • Heating and air conditioning
  • Well/septic system
  • Water heater
  • Windows
  • Siding
  • Roofing
  • Exterior doors
  • Insulation

AMP: Accessibility Modifications Program

The Accessibility Modification Program (AMP) assists senior homeowners or owner-occupied households with a person(s) that has a permanent disability. Through this program, we can help you create a more accessible home for you and your family.

  • Accessibility ramps
  • Bathroom and kitchen accessibility modifications
  • Internal chair and wheelchair lifts
  • Widened doorways

            For more information and to see if you’re eligible for any of these programs, contact United Financial Credit Union at 989-777-3620 ext. 5104. Certain restrictions apply.

United Financial also have a variety of Mortgages available from 30 year fixed to balloon options. Contact us today to see how we can help you purchase your new home or maybe finance a remodel. Learn More