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Homebuyer Program

Cook County

Down Payment Assistance Program
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Check your eligibility, connect with a trained lender, access free educational courses, and chat with a Club 720 coach today.

The Ultimate Down
Payment Assistance Program

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Program Benefits

Those earning up to 120% of the county’s median income are eligible, and in Disproportionately Impacted Areas, there is no income limit.

First-time and repeat buyers throughout Cook County who meet those criteria may apply.

All first-time homebuyers (first-time homebuyers include those purchasing a home for the first time in 3 years) must complete an 8-hour in-person or online Club 720-approved homebuyer education course before closing. Online courses are available on the app.​​

 

Check out Club 720's Prequalification Process.  ​

 

For direct assistance, email us at hello@club720.org.

Beginning in early June 2024, Cook County will offer a $3 million down payment assistance pilot program to help home buyers with down payments, closing costs or mortgage buydowns.

The program provides subsidies of up to $25,000 or 5 percent of the home purchase, whichever is less.

Club 720 Financial Solutions LLC, an organization committed to helping people on their home-buying journey, is partnering with Cook County on this program. Stifel Nicolaus and Company Inc., a brokerage and investment banking firm, is also a partner.

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For more information regarding the Cook County Down Payment Assistance Program, please visit the FAQ page.

Cook County Down Payment Assistance Program Sponsor

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