About ยป Community Development

Making Homeownership Available to Everyone

For more than 165 years, Dollar Bank has helped individuals and families fulfill their dream of becoming first-time homebuyers.

Our success is founded in a dedicated staff that is knowledgeable of current marketplace issues affecting low and moderate income communities. From the start, our experienced counselors will work with you, one-on-one, to provide the resources you need to make obtaining a mortgage easier and to help you select the best mortgage option for you.

We can make homeownership possible with down payment and closing cost assistance, credit enhancement and repair as well as training for homeownership. Even once you’re in your new home, our counselors are available if you should have any questions. Not only do we want to help you achieve homeownership, we want you to preserve it. 

Homeownership Basics

This free seminar provides an introduction to our programs for homeownership. Learn about the benefits and responsibilities of homeownership and the importance of good credit. During the session, participants will learn how to read and interpret information obtained from a credit report. The session is held in a community setting. 

Low Cost Mortgage Options

A variety of mortgage options are available to help meet your individual needs. We will work with you to select the mortgage option that works for you. 

Credit Enhancement Program

When you enroll in our Credit Enhancement Program, you will be provided with the support you need to purchase a home. Whether you have had difficulty qualifying for a mortgage due to income, insufficient savings for a down payment or past and present credit difficulties, Dollar Bank’s Credit Enhancement Program will be a beneficial resource for you.

With the Credit Enhancement Program, you’ll start with a confidential one-on-one session with a Dollar Bank Credit Consultant. Together, we will review your employment history, credit profile and available funds to determine which area(s) could be strengthened through the program.

Have questions? Check out our Credit Enhancement Program FAQs

Home Buyer Education Classes

Informational sessions are available to prepare you for the home buying process. Your counselor will work with you to find the best mortgage payment to fit your finances. You will learn how to shop for a home and apply for and close on a mortgage. You must be enrolled in Dollar Bank’s Credit Enhancement Program to participate. 

Down Payment and Closing Cost Assistance

Dollar Bank’s 3-2-1 Home Savings Program can assist qualified families participating in the Credit Enhancement Program with down payment and closing costs associated with purchasing a home. Once you've saved $1,000 in a Dollar Bank savings account, we'll match you up to $3,000 on your down payment, closing costs and other qualified expenses, for a total of up to $4,000.

These funds can be used in addition to grants and gifts from other sources. 


For more information, please call 757-451-4011. 

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