Real Estate

Welcome Home Program

The Welcome Home Program offers grants of up to $15,000 for honorably discharged veterans, surviving spouses of military personnel, and active-duty military homebuyers and up to $10,000 for all other homebuyers to assist with down payment and closing costs for income eligible homebuyers. Homebuyers must apply and qualify for a mortgage loan with Class Act to utilize the grant. Please keep in mind, the grant money is limited and will be given out on a first-come, first-served basis.

Who are Eligible Homebuyers?

A homebuyer would be eligible for the Welcome Home grant if all of the following guidelines are met:

• The total income for all occupants who will reside in the home is at or below 80 percent of the Mortgage Revenue Bond (MRB) limit for the county and state where the property is located.

• A fully executed (signed by buyer and seller) purchase contract on an eligible property is in hand.

• The homebuyer has at least $500 of their own funds to contribute towards down payment and/or closing costs.

•If a first-time homebuyer, a satisfactory homebuyer counseling course is completed prior to the loan closing. Note: Applicants do not have to be first-time homebuyers.

What is an Eligible Property?

A property would be eligible if all of the following guidelines are met:

•The property will be the homebuyer’s primary residence.

•The property is a single family, townhome, condominium, duplex, multi-unit (up to four family units) or a qualified manufactured home.

•The property is subject to a legally enforceable five-year retention mechanism, included in the Deed or as a Declaration of Restrictive Covenants to the Deed, requiring the FHLB Cincinnati be given notice of any refinancing, sale, foreclosure, deed in-lieu of foreclosure, or change in ownership during the five-year retention period.

How Do I Apply?

Call our Real Estate Department to learn about your eligibility. The department will then submit an online Reservation Request. Remember, the Welcome Home Program works on a first come, first served basis.



A home equity line of credit allows you to use the equity from your primary home as a variable rate line of credit that you can use for whatever you like.

With a home equity loan, you use the equity in your home to borrow a fixed amount, lump-sum payment. You’ll have a fixed rate and payment for the life of the loan.

Having trouble deciding which loan is right for you? Reach out to one of our Mortgage Professionals before you apply to discuss the details of each option.

Meet the Team

Our Mortgage representatives would love to help you through the home-buying process!

Gabrielle Pierce  
Mortgage Loan Originator  
NMLS ID#: 1774081
Aaron Goodman     
Mortgage Loan Originator  
NMLS ID#: 2243582
Pamela Farmer     
Mortgage Lending Manager  
NMLS ID#: 454291
David Haven     
Mortgage Loan Originator  
NMLS ID#: 439356
DescriptionMaximum AmountTermAnnual Percentage Rate
Home Equity Line of Credit (HELOC)100% Loan to Value25 years / 10 years drawAs low as 7.00%
Fixed Rate Home Equity Loan$200,00010 yearsAs low as 7.112%
Fixed Rate Home Equity Loan$200,00015 yearsAs low as 7.331%
Fixed Rate Home Equity Loan$200,00020 yearsAs low as 7.566%
Mortgage Loans 1st MortgagesLearn MoreLearn MoreGet A Rate

*Effective 11.03.2022. Annual percentage rate is representative of rate & closing costs based on loan amount of $100,000, fixed term as per table with standard closing costs. Rate is subject to change without notice. All mortgage loans are subject to credit approval.

Employees who are Mortgage Loan Originators (MLO) are registered in the Nationwide Mortgage Licensing System (NMLS). Their identification numbers are as follows:

Class Act Federal Credit Union403005
Gabrielle Pierce1774081
Pamela E. Farmer454291
Stephen L. Green1913841
David Haven439356
Aaron Goodman2243582

We’re people helping people & we’ll always be here for you.

Here are some quick guides to help you with the home buying process!

Private Mortgage Insurance

You Are Pre-Approved

Do’s And Don’ts

Getting Your Act Together

View Our Rates