FirstLight Home Match Programs

We will match up to $5,000*

At FirstLight Federal Credit Union, we believe everyone deserves the chance to own a home. That's why we created the Individual Development Account (IDA) Homeownership Program*--a powerful savings program that helps you reach your down payment goal faster with up to $5,000 in matching funds from the FirstLight Community Foundation.

Program Highlights
$5,000 Match**: Save $1,000, and FirstLight will contribute up to $5,000 toward your down payment.

Flexible Savings Timeline:
Funds must remain in the IDA for at least 90 days, OR

If you're ready to buy sooner, simply provide:
Proof of pre-approval from FirstLight
Confirmation from a Mortgage Loan Officer (MLO)

Who's Eligible?
Members with household income under $100,000
Members who complete six financial education courses with FirstLight Certified Financial Counselors
Members who finance their Mortgage through FirstLight

Grant Funded:
Program is funded by the Robert Wood Johnson Foundation
Limited funds available

How It Works

1. Open Your IDA with a Mortgage Loan Officer (MLO).  
Start saving in a special FirstLight Individual Development Account.

2. Reach Your Savings Goal
When you save $1,000, we'll match it with $5,000 toward your home.

3. Take the Classes
Attend six required financial education courses to set you up for success.

4. Get Pre-Qualification & Purchase
Meet with a FirstLight Mortgage Loan Officer to begin your homebuying journey.

5. Move In With Confidence
You've prepared, you've saved, and you're ready--your first home is waiting!

Ready to Get Started?

Visit any FirstLight branch or call 915-562-1171 to open your IDA today.

Your First Home. Your FirstLight.
Together, we'll help you achieve your dream of homeownership.

*Membership eligibility requirements apply. Mortgage must be financed by FirstLight, with program funds disbursed directly to the title company. Consult a tax professional for tax consequences. Other conditions apply. FirstLight is an Equal Housing Lender. Federally Insured by NCUA.
** For every $1 dollar saved in the Individual Development Account (IDA), FirstLight will match with $5 up to $5,000. IDA funds must remain in the account for 90 days unless the member receives pre-qualification from FirstLight or a Mortgage Loan Officer (MLO) verifies readiness to close.