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Downpayment Assistance Homebuyer Grant | MembersAlliance Credit Union

2550 South Alpine Road, Rockford, IL 61108

Eligibility

Must meet income guidelines (cannot exceed 80% of area median income), be able to contribute at least $1,000 to the purchase of the home, complete pre-purchase homebuyer education and counseling, and live in the home as the primary residence

Hours

Mon-Fri 8:30 am-5 pm, Sat 8:30 am-12 pm
(800) 426-2260
Voice·

Toll-Free

(815) 226-2260
Voice·

Main Phone

Application process

Call for information

Fees

None

Service area

Winnebago County, IL

Up to $10,000 may be available to eligible homebuyers to use toward down payment and closing costs. 

Date of Last Formal Update

12/01/2025

Data provided by

United Way of the Midlands

Providing organization

MembersAlliance Credit Union

Not-for-profit financial cooperative.