Heritage Grove Federal Credit Union is excited to make our members aware of an opportunity for down payment assistance in owning their first home. DEV NW, located in Salem, is launching a program for homebuyers in Lane County that offers up to $25,000 for down payment and closing costs. With the increase in home prices, many people find that the requirement for cash reserves is the greatest obstacle to owning a home. If you are a first-time homeowner (or have not owned a home in at least three full years), expect to be under contract by June 30^th of this year, and are looking for a home in Lane County; contact Dev NW at 503-779-2680 or 541-345-7106. You can register for the required homeownership course or online through Framework.

You will need a preapproval as well, so be sure to reach out to our Real Estate Lending Department at 503-588-0211, option 4.