First Home Club

First Home ClubDo you need down payment assistance as a first time home buyer? We can help.

CFCU, in partnership with the Federal Home Loan Bank of New York, is pleased to offer down payment and closing cost assistance to qualified first time home buyers.

The First Home Club provides four dollars ($4.00) in matching funds for each dollar ($1.00) saved in a dedicated savings account, up to a maximum of $7,500.00 in assistance toward the purchase of a home. Qualified program participants make consecutive monthly deposits over a period of 10 to 24 months, prior to the purchase of a home.

To be eligible for the program, you must:

  • Be a first time home buyer.
  • Meet income guidelines.
  • Complete an approved and accredited home ownership course.
  • Agree to save on a monthly basis, a portion of income in a dedicated account over a specified period of time, without withdrawals.

To get started on the program, you must contact one of our Mortgage Team Members to enroll.

Meet the team!

Buying a home can be the single largest investment many of us will make in our lifetime. That's why finding the right financing can be just as important as finding the right home!

You'll learn about:

  • Strengthening your credit score
  • How much house you can afford
  • Loan pre-qualification
  • Available mortgage options
  • Down payments
  • And more!

 Realtors from the Ithaca and Cortland Boards of Realtors will be on hand to provide information and answer your questions, and refreshments will be served following the presentation.

Pick the location that's best for you:


Saturday, March 11  9-10 AM

Port Watson Branch

182 Port Watson Street



Saturday, March 25  9-10 AM

CFCU Administrative Offices

1050 Craft Road


Space is Limited: Register Today!


The HMDA data about our residential mortgage lending are available for review. The data show geographic distribution of loans and applications; ethnicity, race, sex, and income of applicants and borrowers; and information about loan approvals and denials. Inquire at this office regarding the locations where HMDA data may be inspected. To receive a copy of these data, send a written request to CFCU Community Credit Union, Mortgage Lending Department, 1030-1050 Craft Road, Ithaca, NY 14850.