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Check Out Our Member Stories

Supporting small businesses nationwide

Read More
Read Our Annual Report

See the numbers of how we supported our communities

Learn More
Invest in What We Do

Connect with our team to see how you can be a part of the mission

Reach Out

Equity Boost Home Loan

Dominique in her home in Chicago.

Affordable mortgages for modest incomes

Self-Help's Equity Boost loans are a great choice for first-generation homebuyers and for homebuyers with modest incomes. With a down payment as low as 1% and low closing costs, Equity Boost makes homeownership possible even with modest savings.

Self-Help's Equity Boost sets you up for success

Minimal out-of-pocket cost — as low as 1% down
Up to 105% financing (100% of purchase price + up to 5% to cover closing costs and other expenses)
No private mortgage insurance (PMI)
Flexible credit requirements
Great fit for first-time and first-generation homebuyers
Available for owner-occupied primary residences, including multifamily properties up to 4 units
$2,000 rainy day fund: after closing we'll fund an emergency savings account that you can add to.
Available in: California, Connecticut, Florida, Georgia, Illinois, North Carolina, South Carolina, Virginia, Washington and Wisconsin

Whether you're trying to steer clear of high rents, build something to pass on to your kids, or simply plant roots in a community you love, Equity Boost can make homeownership possible. Contact us to see if you qualify.

Ready to get started?

Our experienced home lending team is here to help. We'll talk with you to understand your home-buying goals and your financial picture.

When you meet with your loan officer, it's helpful to bring the following items (for yourself and your spouse or co-borrower):

  • Photo ID
  • Tax returns (two most recent years)
  • W2s (two most recent years)
  • Pay stubs (two most recent pay cycles)
  • Bank statements (two most recent months)

Connect with our team to get started.

Let us help you build your emergency savings

You're about to become a homeowner — maintenance bills come with the territory. Start building your rainy day fund now, so you can enjoy homeownership knowing you're ready for anything.

And we'd like to chip in! As an Equity Boost borrower, you're eligible for a $2,000 contribution from Self-Help to help kick-start your emergency savings. Plus, you'll have the chance to earn $2,000 more by completing homeowner education classes.

Don't let the cost of buying a home stand between you and long-term financial stability

Data consistently shows that owning a home is one of the most tangible and reliable ways to build wealth and long-term financial stability.

With as little as 1% out of pocket, no PMI, and flexible credit requirements, Self-Help’s Equity Boost program can bring homeownership within reach.

Not quite ready?

Are you interested in becoming a homeowner, but you don't feel quite ready yet? Perhaps you need help saving money, or you feel dragged down by high debt or a ding on your credit. We can help. 

Check out Self-Help's free one-on-one financial coaching and FICO® credit score reviews. We've helped hundreds of members achieve their financial goals.

Connect with our experienced home mortgage team today.

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