Rise Home Purchase and Community Heroes Programs

Rise Home Purchase Program Designed to help make your dream of home ownership a reality. With loans of up to $250,000, competitive fixed interest rates, and no loan origination or processing fee, purchasing a home becomes easy and affordable. Eligibility for the Rise loan is for applicants whose family/household income does not exceed 80% of the county’s median income, or for purchasers whose new home will be located in certain designated census tracts within their county.

Community Heroes Program We are firmly committed to supporting families and individuals who make their living serving others in the community. As part of this commitment, we have partnered with the Federal Home Loan Bank of Atlanta, the Alabama Housing Finance Authority, and Goodwyn Building Co. to offer a unique financial opportunity for educators and first responders who are purchasing a home. The Community Heroes Program provides a grant to qualifying homebuyers which can be used to assist with their down payment or closing costs making home ownership more affordable. 

Community Hero Features

  • $8,000 grant to homebuyer may be used to assist with down payment or closing cost
  • Homebuyer must be currently employed as law enforcement,  K-12 public school educator, firefighter, or other first responder
  • No repayment required
  • Household income must be within a range of 80%–120% of the county HUD area median household income or State of Alabama median income—whichever is greater
  • Available to homebuyers in Goodwyn Building Co. neighborhoods in Montgomery, Prattville, Millbrook, Deatsville, and Clanton, Alabama

Please contact your local Relationship Manager or Mortgage Lender for assistance.