The Homebuyer Dream ProgramTM offers many benefits to first time homebuyers. Participants may receive a grant of $8,000* for down payment and/or closing costs. Funding is available on a first come first served basis. 

Requirements include:
  • Be considered a first time homebuyer.
  • Have total household income that is less than the income limitations.
  • Have $1,000 of your own funds to use towards the purchase of the home, and
  • Complete an acceptable homebuyer counseling program.
*Members must meet qualification requirements and be a first-time homebuyer. $7,500 for down payment and/or closing costs and $500 towards the defrayment of homeownership counseling costs.

HDP funds are distributed on a first come first served basis. There is no guarantee that funds will be available when your Reservation Request is submitted.  The grant is a Federal Home Loan Bank of NY program.

Membership eligibility required. Loan approval based on creditworthiness. NMLS #412348​

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What do you want out of life?

Empower Federal Credit Union welcomes employees of many companies, immediate family/household members of employees and retirees, as well as our outreach to underserved communities to enjoy personal and business banking solutions including auto loans, mortgages*, credit cards and more. Bank online, in any central NY branch, or call us at 315.477.2200.

* Home mortgages available in FL, PA, CT, NY, NC, SC and TN.

Empower Federal Credit Union rated 5-Stars by Bauer in 2023