Home$tart Program

The Home$tart Program is designed to help you accumulate funds for the down payment and closing costs on a new home purchase. In cooperation with the Federal Home Loan Bank this income sensitive program matches every $1 you save with $3 up to a maximum of $5,000.

To be eligible you must be a first-time homebuyer, meet the income and savings requirements, complete a homebuyer education class and qualify for mortgage financing with Spirit of Alaska Federal Credit Union. After enrollment you have up to one year to purchase your home and receive matching funds.