As featured on NBC Nightly News, the PenFed Foundation’s Dream Makers program helps military families purchase their first home. Click here to view the video.
We provide grants up to $5,000 toward down payments and closing costs. The PenFed Foundation wants to help make your dream of home ownership come true.
The Dream Makers Program offers grants for down payments to first-time homebuyers of modest means who valiantly work to protect our country’s national security.
You don't have to be a Pentagon Federal Credit Union member to benefit from Dream Makers, and you can apply the grant to a mortgage from any financial institution.
You're eligible for a Dream Makers grant if:
Click here to determine your community's median income based on family size.
Decide the amount of money you will contribute in down payment and closing costs to your mortgage financing.
***Due to high demand, we are currently not accepting applications. Please check back for when applications will be accepted again.***
Fill out Dream Makers application. The fastest way to complete it is online.You may apply when you start to think about purchasing a home: you don't have to select a home and/or a mortgage company before you submit your application. To fax or e-mail, please download this form.
We will respond to your application with instructions on the process. When you select your mortgage company, you will share the contact information with the Foundation who will coordinate the grant paperwork process with your lender.
Attend a home-buying educational seminar in your area.
A free online, interactive education course on personal finance to learn everything you need to know to manage your money wisely and become a millionaire!
Registration Code: PenFed$1M
“Dollars and Sense” from Grantham University
A free online, eight-week course on personal finance from Grantham University, a nationally accredited university. Earn college credits while learning everything you need to know to better your financial future.
A leading website dedicated to helping students, teachers and parents learn, practice, and understand essential math skills through fun and interactive lessons.