Lower Your Borrowing Costs

Up to $10,000 available for the purchase of your home

If you want to buy a home and have a steady income and good credit, Credit Union 1 and the Federal Home Loan Bank of Chicago can help.

Through the Downpayment Plus® Program*, up to $10,000 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.

Call 800.252.6950Apply for a Mortgage Loan


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

Credit Union 1 is committed to helping our neighbors. We can help lower your borrowing costs if you qualify for the Downpayment Plus Program.


CU1 has helped Members save over $91,000 in down payment costs! 


Mortgage Loan Originators


Apple for a Loan in Minutes


A simple, self-service option to open your Mortgage Loan at your convenience.

Apply Online

In Person

Our CU1 team members would be happy to assist you with a loan application and more at the branch closest to you.

Schedule an Appointment

or Find a Location

Over the Phone

Our Member Solutions Specialists are available by phone Monday through Friday, 9:00 am – 6:00 pm CST, and Saturday, 9:00 am – 1:00 pm CST.

Call 800.252.6950


NMLS# 384759. All loans subject to approval. There is a minimum 1st Mortgage Loan amount of $50,000. We conduct business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.

1Information is accurate as of May 21, 2024 and reflects total CU1 member savings through the DPP program since July 2022.

*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 https://www.fhlbc.com/ for complete requirements. “Downpayment Plus” is a registered trademark of the Federal Home Loan Bank of Chicago.

Credit Union 1 is celebrating 65 years of helping individuals, families and communities reach their financial goals.