ABOUT DHOC

HOMEBUYERS
PROGRAMS

DEFAULT/
FORECLOSURE

SENIORS

LENDERS

REALTORS

The DuPage Homeownership Center was created as a public-private partnership of lenders, realtors, government and social service agencies. Mortgage lenders have the opportunity to join DHOC as a member lender. Membership provides you with opportunities to meet your CRA goals, to generate business leads and to provide help for non-qualified mortgage customers.

Membership Benefits and Dues for Financial Institutions

Membership Benefits and Dues for Mortgage Bankers/Brokers

View a List of Our Current Members

 

Membership Benefits and Dues for Financial Institutions

The following benefits are provided exclusively for our member financial institutions. This membership package would be appropriate for your institution if you are subject to Community Reinvestment Act regulations.

  • Promote your financial institution among our clients and receive referrals of prospective homebuyers. Each year, about 800 people attend our educational classes and around 225 families come to the Center for pre-purchase counseling.
  • Originate loans for low-income households through the DuPage Homestead and Housing Choice Programs – two proven affordable lending models that help around 50 low-income families become homeowners every year. Our loans qualify for CRA lending test credit.
  • Participate in the Annual Home Buyers Fair- a daylong outreach event that provides exhibits, information and workshops, and reaches an average of 400+ homebuyers every year. A great way to generate leads and also qualify for CRA investment and service test credit.
  • Speak at our Home Buyer Education Classes, offered twice monthly at various locations in DuPage County with an average of 50 people in attendance per session. A great way to generate business leads and qualify for the CRA service test credit.
  • Free counseling to help customers overcome credit and debt issues so that they can qualify for a mortgage. Refer your non-qualified mortgage customers to us, and we will refer them back to you when they are ready to purchase.
  • Free home buyer education that qualifies for HUD, Fannie Mae and Freddie Mac certification requirements.
  • Annual membership dues qualify for CRA investment test credit.
  • Serve on the Board of Directors or a committee and receive CRA service test credit.
  • Sponsor our Annual Celebration, attracting about 100 industry professionals every year, to receive CRA investment and service test credit as well as to enjoy networking opportunities.

For more information about our programs, browse through the “Are You Looking to Buy a Home” page.

Membership dues are based on our financial institution’s DuPage-based asset size, and are as follows.

DuPage-Based Assets

Annual Dues

$0-50 million

$450

$50-$100 million

$900

$100-$200 million

$1,350

$200-$300 million

$2,200

$300-$400 million

$3,250

$400-$500 million

$4,400

$500 million - $1.5 billion

$5,500

Over $1.5 billion

$9,300

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Membership Benefits and Dues for Mortgage Bankers/Brokers

The following benefits are provided exclusively for our member mortgage bankers/brokers. This membership package would be appropriate for your institution if you are NOT subject to Community Reinvestment Act regulations.

  • Promote your company among our clients and receive referrals of prospective homebuyers. Each year, about 800 people attend our educational classes and around 225 families come to the Center for pre-purchase counseling.
  • Generate leads by participating in the Annual Home Buyers Fair- a daylong outreach event that provides exhibits, information and workshops, and reaches 400+ homebuyers every year.
  • Speak at our Home Buyer Education Classes, offered twice monthly at various locations in DuPage County with an average of 50 people in attendance per session. A great way to generate business leads and serve the community.
  • Free counseling to help customers overcome credit and debt issues so that they can qualify for a mortgage. Refer your non-qualified mortgage customers to us, and we will refer them back to you when they are ready to purchase.
  • Free home buyer education that qualifies for HUD, Fannie Mae and Freddie Mac certification requirements.
  • Originate loans for low-income households through the DuPage Homestead and Housing Choice Programs– two proven affordable lending models that help around 50 low-income families become homeowners every year. You can also use these programs for your own customers struggling with affordability limitations to help get them into a home.

For more information about our programs, browse through the “Are You Looking to Buy a Home” page.

Membership dues are based on the amount of DuPage-based originations in the prior calendar year. Mortgage Bankers and Brokers have two options from which to choose. OPTION A includes all member benefits except eligibility to receive loans through the DuPage Homestead and Housing Choice Programs. OPTION B allows the member to receive these loans.

DuPage-Based Originations

(Based on prior calendar year)

Option A

Option B

$0-20 million

$500

$1,000

$20-$40 million

$900

$1,550

$40-$60 million

$1,400

$1,950

Over $60 million

$2,200

$2,850

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Our Current Members

The DuPage Homeownership Center was created as a 501(c)(3) charitable nonprofit public-private partnership of those industries that have a strong stake in affordable housing: namely, financial institutions, realtors, government and social service agencies. This partnership forms much of the basis for DHOC’s operations, providing funding and volunteer support and links for client referrals. We are also supported by other organizations and individuals who have an investment in the Center’s work. Listed below are DHOC’s current key members and partners.

DHOC Members

Allied First Bank MidAmerica Bank
AMCORE Bank Midwest Bank
AmeriMark Bank National Bank of Commerce
Bank of America National City Bank
Bridge Communities, Inc. New Directions Housing Corporation
Catholic Charities Northern Trust Bank
Charter One Bank Park National Bank
Cole Taylor Bank People's Resource Center
Community Bank - Wheaton/Glen Ellyn Private Bank and Trust Company
Community Housing Assoc. of DuPage Professional Mortgage Partners
Downers Grove National Bank REALTOR Association of West/South
DuPage National Bank Suburban Chicagoland
GMAC Mortgage Results One Mortgage Corporation
Great Bank State Bank of Countryside
Guaranty Bank Suburban Bank & Trust
Harris Bank TCF National Bank
Hinsdale Bank & Trust Company United Community Bank
Itasca Bank & Trust Company US Bank
Joseph Corporation of Illinois Wachovia
LaSalle Bank Washington Mutual
Leaders Bank Wells Fargo Home Mortgage
Liberty Bank for Savings West Suburban Bank
Lisle Savings Bank Wheaton Bank and Trust
Marian Park Winfield Community Bank
MB Financial  

Key Support & Partnerships

City of Naperville Grand Victoria Foundation
DuPage Community Foundation Illinois Housing Development Authority
DuPage County Topfer Family Foundation
DuPage County Human Service Fund US Dept. of Housing & Urban Devel.
F.B. Heron Foundation World Savings
First American Title Insurance Company  
   

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