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Get Matched Free →CEFCU First-Time Homebuyer Closing Cost Assistance
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) (Grant)
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
Step 1: 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.
Notes
CEFCU is headquartered in Peoria. Benefit applies to select third-party fees only; other costs such as prepaid escrows and title insurance still apply.