The Cook County Down Payment Assistance Pilot Program has been a game-changer, helping individuals and families achieve the dream of homeownership. With up to $25,000 in financial support for down payments, closing costs, and mortgage buydowns, the program saw overwhelming demand—running out of funds within just 90 days. Due to its popularity, public officials and decision-makers are now diligently working to secure additional resources to support the growing pipeline of aspiring homebuyers.
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Review income limits and geographic qualifications.
Attend an 8-hour HUD-approved course through Club 720 to prepare for the homeownership journey.
Even as current funding has been exhausted, join the program’s growing pipeline to stay informed and prepared for future funding opportunities.
Once funding becomes available, eligible buyers will be contacted to proceed with their purchase.
“No Credit Card Required” “5,000+ satisfied Users:
Eligibility requirements for the Cook County Down Payment Assistance Program include:
Got questions? Here are the answers to some common questions about Down Payment Assistance.
Club 720 can connect you with approved lenders through our platform.
Yes, DPA funds can be applied to closing costs, including real estate agent commissions.
You may need to repay the balance of the forgivable loan, minus the portion already forgiven.
No, the program is open to both first-time and repeat homebuyers.
Good question! After submitting your homebuyer eligibility form, you’ll be presented with the programs you are eligible for instantly! From there, you can select which program you’d like to move forward with so that we can connect you with a Club 720 lending partner who offers that program. Getting connected with a Club 720 lending parter can take up to two business days.
Good question! After submitting your homebuyer eligibility form, you’ll be presented with the programs you are eligible for instantly! From there, you can select which program you’d like to move forward with so that we can connect you with a Club 720 lending partner who offers that program. Getting connected with a Club 720 lending parter can take up to two business days.
Good question! After submitting your homebuyer eligibility form, you’ll be presented with the programs you are eligible for instantly! From there, you can select which program you’d like to move forward with so that we can connect you with a Club 720 lending partner who offers that program. Getting connected with a Club 720 lending parter can take up to two business days.
