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First Time Homebuyers Club

We're ready to help you achieve your dream.

  • Earn closing discounts & more 

Super savers can earn hundreds of dollars toward closing costs.

Save steadily for a year, and Suffolk Credit Union will kick in $750. Keep it going for 24 months, and that number spikes to $1,250.

Earn competitive dividends

Learn the ins and outs of homebuying

Get assistance from our friendly team

Buying a home is a big deal. Our Mortgage Team is ready to answer your questions and help you in every way possible.

Saving up enough money to buy your first home can feel like climbing Mount Everest. At Suffolk Credit Union, we help level the playing field by slicing upfront costs to a more manageable amount. Here's how our club operates:

  • Open a Share Savings Account with a minimum deposit of $5
  • Also open a First-Time Homebuyers Account with a minimum deposit of $100
  •  Add at least $100 to your homebuyers account for 12 consecutive months (to earn $750 in closing cost discounts) or 24 months (to earn $1,250)
  • Complete a home-buying education course that will make you a smarter consumer
  • Program is open only to people who live, work or worship in Suffolk County, New York

Questions? Call us at 631.924.8000 or email [email protected]

Financial Education

Buying your first home can be one of the most exciting–and stressful–moments of your life. Learn more about financial and quality of life considerations in this online education course.

Mobile Banking

Bank beyond the branch.

This savings club account requires 12 to 24 minimum consecutive $100 monthly deposits, and completion of a home buying education course in return for closing cost assistance on a Suffolk Credit Union mortgage loan. Open to qualifying credit union members who have not been an owner of record of a home for at least 36 months from the date of their club enrollment with a $100 minimum opening balance. $10 fee per withdrawal (could subject participant to loss of closing benefits). Speak to a Suffolk Credit Union representative for full details. Membership in Suffolk Credit Union requires a Share Savings Account with a $5.00 minimum balance.