You'll get there faster with smart saving and education / Two valuable resources that we offer
Helpful Question and Answer / Keep up the great work
Our vision at DCU is that All members achieve their financial goals. We mean it and we live it every day. That means we want to be the catalyst and the cheerleader for your long-term financial success. To achieve this, it's critical we provide consumer and financial education along with products and services that give you a financial advantage. One service, The American Dream Program, is a stepping stone toward your most important purchase, your first home. The American Dream Program is here not only to help you save for the down-payment, but it's also here, we're also here, to help you understand the steps involved in buying a home and make sure that you're making the right decisions for your situation.
The foundation of the American Dream Program is the American Dream Certificate. It offers a way to save for that house and earn the highest dividend rate that DCU offers. Some highlights of the American Dream Certificate are:
- You'll earn the highest Dividend Rate that DCU has to offer. Visit our rates page for current dividend rates.
- No hidden costs, no fees, no penalties, and no service charges.*
- It's only $100 to open.
- You can add money to your account at any time See below for details.
- You set the goal and we'll keep you on track with updates on your progress.
- If you decide to get your mortgage through DCU you'll also receive $500 back at closing.**
- The maximum account balance is $25,000.
* Fees do apply if you withdraw from the program without proper proof of buying a home.
** In order to qualify for the cash back offer, the certificate must have been opened for no less than 12 months with at least a $2,000 balance.
To open your American Dream Certificate and start getting the most out of the program please print and read through the DCU American Dream Certificate Disclosure and Agreement (.pdf format). Once you've read through the disclosure and agreement, fill out the application and follow the instructions.
Now that you've made up your mind to buy your first home it's a good time to get well-versed with all of the neighborhoods that are suited for your lifestyle, how to determine which real estate agent is right for you, choosing the right mortgage product, and much more.
With so much information available through Television, Radio, the Internet, Books, etc it's hard to know where to turn and what to believe. You've made the decision to save for your home with the American Dream Certificate so you should also be able to turn to DCU for the valuable information that you need when you have questions about the home buying process.
