Chemical Bank's Cash-to-Close program is a savings program that helps first time homebuyers save towards a down payment. In today's economy, it is critical for first time home buyers to begin the purchasing process on the right foot, which means having enough money for a down payment and closing costs.

Our Cash-to-Close program provides our customers with an incentive of up to 10%* of whatever is saved towards the closing costs on a new home when your new mortgage is processed with Chemical Bank!

Finally, with a Cash-to-Close account, you will earn a competitive rate of interest while you are saving for your home. And by making automatic deposits into this account, you'll be able to save additional money for your down payment in no time while learning about the home buying process from one of Chemical Bank's experienced lending professionals.

*No withdrawals allowed before maturity, or closing cost credit will be lost. Maximum amount of credit paid by Chemical Bank will be $400.

The Homeownership Opportunities Program is specifically designed to help first-time homebuyers save for a down payment. For every $1 saved, you can receive $3. So if you save $1,500, you can receive a matching grant of $4,500.

The HOP program was developed to assist individuals and families with limited income and can help you save for your first home and get off to a strong financial start. Click here for FAQs that tell you about this program and if you may qualify.

To open a Cash-to-Close account or to learn more about the HOP grant program please speak with your local Chemical Banker or call 1-800-867-9757 for more information.