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American Heritage Credit Union expands first-time homebuyer programs & offerings

First-time homebuyers can receive up to $15,000 through First Front Door Grant; My CU Home Connection offers bundled homebuying services

PHILADELPHIA , PA (April 18, 2024) — American Heritage Credit Union (“American Heritage”) is partnering with the Federal Home Loan Bank of Pittsburgh to offer first-time homebuyer programs to help members afford and better navigate the homebuying process. American Heritage members can receive up to $15,000 through the annual First Front Door grant to use toward homebuying costs. Additionally, American Heritage offers the My CU Home Connection program, a one-stop-shop homebuying and selling service.

First Front Door (FFD) $15,000 Grant:

In the First Front Door Grant Program, American Heritage works with FHLBank of Pittsburgh to assist first-time homebuyers with the closing costs and down payment for their new home with up to $15,000 in funding. Borrowers who contribute $1,500 of their own funds will be eligible for a maximum grant of $15,000. These grants are designed to help first-time homebuyers who meet certain income requirements with down payments and closing costs associated with the purchase and financing of a home. Grant funds are available on a first-come, first-served basis.

My CU Home Connection:

My CU Home Connection™ offers a progressive home buying and selling service that bundles the searching, buying, and selling processes to help you save on your next home. Real estate clients can receive cash rewards, benefits, and discounts from all service providers. To qualify for the program and its benefits, borrowers must register at no cost or obligation by visiting MyCUHomeConnection.com/Registration. Once registered, a My CU Home Connection Concierge will contact you personally and advise you of the next steps.

“We are thrilled to provide our membership with even more funding opportunities and our community with unique educational, home shopping, and financing programs to help fulfil their dreams of home ownership,” stated Bruce K. Foulke, President & CEO of American Heritage. “We know how challenging home affordability has become, and we’re excited to once again partner with the Federal Home Loan Bank of Pittsburgh to offer the First Front Door Grant alongside our My CU Home Connection program. These resources will help our members start their home ownership journey on the right foot, and we are proud to offer them all under one roof to help make the homebuying process more affordable, personalized, and simple.”

To learn more about first-time homebuying and financing, as well as details on the First Front Door Grant, members and prospective members are encouraged to visit AmericanHeritageCU.org/FTH. American Heritage is an Equal Housing Lender.


About American Heritage Credit Union

American Heritage Credit Union is a member-owned financial cooperative with more than $4.6 billion in assets serving more than 800 Workplace Partners and more than 300,000 members, with more than 35 locations across Philadelphia, Bucks, Montgomery, Delaware, and Camden Counties. Founded in 1948, American Heritage Credit Union is now one of the top 75 largest credit unions in the United States and named Pennsylvania’s 2023 Best-in-State Credit Union by Forbes. For more information about American Heritage Credit Union please visit AmericanHeritageCU.org

Contacts

Adam Remshifski
Vice President, Analytics & Digital Marketing
215-969-2912
aremshifski@amhfcu.org

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