Dupaco Making Homeownership More Affordable with Special Down Payment Assistance Program

August 12, 2024

Dubuque, IA – Achieving the dream of home ownership is now even more accessible for members thanks to a partnership between Dupaco Credit Union and Fannie Mae providing down payment assistance. The HomeReady Loan Down Payment Assistance provides a financial boost to homebuyers.  

The Home Ready Down Payment Assistance program provides $2,500 to eligible homebuyers, regardless of their location, who are beginning their homeownership journey.  The program assistance is a credit to be used towards a down payment and closing costs of a home. 

"At Dupaco, we work one-on-one with our members, uncovering opportunities to find the best solution to save them money,” said Krystal Frederick, AVP, Mortgage Lending at Dupaco. “Fannie Mae’s HomeReady Down Payment Assistance helps members with a credit towards their down payment paving the way for potentially lower monthly payments throughout the loan's lifespan. This program is another way we are showing our commitment to supporting our members' financial well-being."   

Dupaco’s Fannie Mae HomeReady Down Payment Assistance program is currently available. For more details, contact Dupaco at 800-373-7600 or visit www.dupaco.com.