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CEFCU First-Time Homebuyer Closing Cost Assistance

Administered by:
Citizens Equity First Credit Union (CEFCU)
· Nonprofit · Grant
Funding status: Active

How much assistance

Covers most third-party closing fees (appraisal, credit report, flood determination, tax service fee, title company closing fee, recording fee)
Lender-paid closing fee benefit — no repayment required.

Eligibility

  • Income limits: Must meet CEFCU membership and underwriting requirements.
  • First-time buyer required: Yes — First-time buyer or has not owned a home in the past three years.
  • Geographic restrictions: Must finance through CEFCU; property typically must be in CEFCU's lending footprint (includes Peoria, IL).
  • Homebuyer education required: No

How to Apply for CEFCU First-Time Homebuyer Closing Cost Assistance

Become a CEFCU member and apply for a first-time homebuyer mortgage. CEFCU is an IHDA-participating lender so this benefit can stack with IHDA down payment assistance.

Learn More About Homebuying Assistance

Cities Where This Program Is Available (1 city across 1 state)