Deposit Assistance & Homebuyer Education

The Equitable Bank participates in many deposit support programs that assist income-eligible purchasers receive funds that assist with down closing and payment expenses.

  • FHLBC DPP Grant up to $6000
  • Residence Consortium DPA up to $5000

We assist numerous area community teams to present homebuyer training, which can be necessary for many advance payment help programs.

Credit Builder Loan System

The Credit Builder Loan through the Equitable Bank was designed to assist a person with no credit or with credit dilemmas to re-establish credit history that is positive. Additionally it is an excellent selection for those seeking to preserving for a sizable purchase or perhaps a down payment for a home that is new.

How can it work?

We shall provide you a collection sum of money ($500 or higher, according to your situation that is financial placed into an interest-earning certification of deposit (CD) in your title. Each month you pay off the quantity of the loan plus interest. We are accountable to the credit bureau the way you handle your loan re re payments every month. If you create your monthly premiums on time you may build an optimistic credit score, all while spending less on your own.

FHA (Federal Housing Management) Loan

VA (Veterans Affairs) Loan

WHEDA Loan (Wisconsin Housing and Economic Developing Authority)

WHEDA loans provide homebuyers a lower life expectancy payment per month, reduced price, and closing price help for the 30-year mortgage that is fixed.

Contact any of y our community specialists that are lending more information.

Meet The Community Lending Team

Veron Gray

Client Philosophy

It is necessary that my customers realize the mortgage procedure and I also will usually benefit their interest that is best.

Client Comments“Veron ended up being really worked and professional beside me through this loan buying process for 2.5 years. Thank you Veron for all you work that is hard and.”

“we came across Veron Gray at a very first time home purchasers seminar (WHEDA), she’s got for ages been helpful over time. I’ve been a consumer, and my experience was good. Every you have been helpful, friendly and professional.”

Many years of Experience: 17 years

My expertise is very first time house buyers and give programs. Everyone loves helping people understand their desire purchasing a house!

Gail Milani

Consumer Philosophy

Every consumer and each true mortgage loan differs from the others. We use the right time for you to learn the average person needs of each and every of my clients and guarantee they know most of the options open to them. My task would be to make certain you are making informed choices regarding the funds and i usually strive to make sure the procedure is really as simple as you are able to.

Consumer Reviews

“Working with Gail Milani and also the Equitable Bank had been a really satisfying experience. We felt like Gail cared I am happy with the financial solutions she provided to me. about me as a person and”

Several years of Experience: 35 years in banking and 21 years in community lending

My expertise is based on working together with first-time house buyers. We just just take satisfaction in aiding every individual attain their goal of being a home owner. There’s nothing more worthwhile rather than view a grouped household transfer to their brand new house.

Mario Monterrey

Consumer Philosophy

I will be passionate about homeownership and believe assisting individuals enter into a brand new home is just a privilege. We shall always work tirelessly for my clients and treat these with the respect they deserve. My objective is always to do this kind of good task, that my customers cannot help but refer their loved ones and buddies. We make use of various types of cash central home loan services and products while devoted to First-Time Home Buying and Grant products.

Several years of Experience: 12 Years

With several years of banking experience, I have gained an understanding that is keen of financing and banking. This knowledge assists us to ask just the right questions, gather the information that is necessary make solid strategies for my clients, predicated on their situation.

Consumer Philosophy

Developing meaningful relationships with my clients assists me personally to higher customize bank services and products to best fit their needs. Every consumer is exclusive and understanding could be the step that is first.

Client Commentary

“Cicily is dedicated to her clients. She provides updates to both events, is out of her solution to always help and is capable of being upfront and truthful.”

Many years of Experience: 16+ years

I have already been home that is facilitating seminars in both Spanish and English for quite some time. Being bi-lingual enables us to interact with a larger community of individuals who are seeking guidance in their house purchasing journey. We work closely with United Community Center and Housing Resources, Inc. while having been in a position to broaden my knowledge and start to become a professional in community financing.