Advance Payment Assistance & Homebuyer Education
The Equitable Bank participates in many advance payment support programs that assist income-eligible purchasers receive funds that assist with down closing and payment costs.
- FHLBC DPP Grant up to $6000
- Residence Consortium DPA up to $5000
We use numerous area community teams to produce homebuyer training, that is needed for many advance payment help programs.
Credit Builder Loan System
The Credit Builder Loan through the Equitable Bank is made to help a person with no credit or with credit issues to re-establish good credit score. It is also a fantastic choice for those seeking to preserving for a sizable purchase or an advance payment on a home that is new.
How exactly does it work?
We’re going to provide you a group sum of money ($500 or higher, centered on your situation that is financial placed into an interest-earning certificate of deposit (CD) in your title. Each you pay back the amount of the loan plus interest month. We are accountable to the credit bureau the method that you handle your loan re re payments every month. In the event that you create your monthly obligations on time you are going to build an optimistic credit history, all while saving cash on your own.
FHA (Federal Housing Administration) Loan
VA (Veterans Affairs) Loan
WHEDA Loan (Wisconsin Housing and Economic Development Authority)
WHEDA loans provide homebuyers a reduced payment per month, reduced price, and shutting price support for a 30-year fixed home loan.
Contact any of our community lending specialists for additional information.
Meet The Community Lending Team
Veron Gray
Customer Philosophy
It’s important that my customers comprehend the home loan procedure and I also will usually work with their interest that is best.
Consumer Comments“Veron had been really worked and professional beside me through this loan buying procedure for 2.5 years. Thank you Veron for all you work that is hard and.”
“we came across Veron Gray at a first-time house purchasers seminar (WHEDA), she has for ages been helpful over time. I’ve been a consumer, and my experience happens to be good. Every you have been helpful, friendly and professional.”
Several years of Experience: 17 years
My expertise is first-time house buyers and grant programs. I favor helping people recognize their dream of getting a property!
Gail Milani
Consumer Philosophy
Every client and each true mortgage loan is different. We simply take the right time for you to discover the average person requirements of each of my clients and make certain they know most of the options open to them. My work is always to make certain I always work to ensure the process is as easy as possible that you are making informed decisions about your finances and.
Consumer Comments
“Working with Gail Milani together with Equitable Bank had been a tremendously experience that is rewarding. We felt like Gail cared I am happy with the financial solutions she provided to me. about me as a person and”
Several years of Experience: 35 years in banking and 21 years in community financing
My expertise is based on working together with first-time house purchasers. I simply simply take satisfaction in aiding every individual attain their aim of becoming a home owner. There’s nothing more gratifying rather than experience a grouped household transfer to their brand new house.
Mario Monterrey
Client Philosophy
I will be passionate about homeownership and believe that assisting individuals go into a brand new house is really a privilege. We will always work tirelessly for my clients and treat these with the respect they deserve. My objective would be to do this type of good task title loans for bad credit, that my customers cannot help but refer their loved ones and buddies. We use various types of home mortgage items while devoted to First-Time property and Grant Programs.
Several years of Experience: 12 Years
With many years of banking experience, i’ve gained an understanding that is keen of financing and banking. This knowledge assists me personally to ask the best questions, gather the information that is necessary make solid strategies for my clients, predicated on their situation.
Consumer Philosophy
Developing relationships that are meaningful my customers helps me personally to raised personalize bank services and products to best fit their demands. Every client is exclusive and understanding may be the step that is first.
Client Reviews
“Cicily is devoted to her clients. She provides updates to both events, is out of her method to assist and is constantly in a position to be upfront and truthful.”
Several years of Experience: 16+ years
I have already been home that is facilitating seminars in both Spanish and English for quite some time. Being bi-lingual permits me personally to interact with a better community of individuals who are searching for guidance in their house journey that is buying. We work closely with United Community Center and Housing Resources, Inc. and also been in a position to broaden my knowledge and start to become a professional in community financing.
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