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