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down payment assistance: Need Help with a Down Payment? - 03/22/12 10:29 AM
Need help with a Down Payment? Here is a new program that I found that can help some households become homeowners! Here's how this works - as a buyer needing help with downpayment or closing costs you must get pre-qualified by a lender that is participating.  Not all lenders do this program!  Then once you are pre-qualified from the lender and have your approval in hand we begin to look for houses that you like.  So there is 'homework' that must be completed before you can start looking at homes! So here are the particulars of this program:   The Federal Home … (0 comments)

down payment assistance: Schaumburg IL First Time Home Buyer Program - 03/22/11 02:39 PM
Schaumburg First Time Home Buyer Program Yes, it's true and I've used it with a Schaumburg buyer just last year.  It was very easy to do and many first time buyers do not realize that this kind of help is available (neither do Realtors©).  I'm living proof that the program exists and I've got one happy buyer that was grateful for the help.  There are guidelines that you must qualify for and you must live in the property for 5 years.Schaumburg has identified in the Community Development Block Grant (CDBG) Program that a first time homebuyer's program is needed to increase … (5 comments)

down payment assistance: Down Payment Assistance - SmartMove for Illinois Buyers - 01/21/11 01:53 PM
SmartMove Program for First-time Buyers in Illinois SmartMove offers mortgage products with incentives such as affordable interest rates and down payment assistance.  Veterans can also apply.  SmartMove features up to $6000 for down payment and closing costs as a 10 year zero percent forgivable loan.  Obviously the program is geared toward borrowers who need extra flexibility on sources of income or who have limited funds for down payment and closing costs.SmartMove features:
Minimum down payment loan amounts from 96.5 to 100% (this means 3.5% down up to zero down) Conventional, FHA, USDA products available Fixed rate loans with up to 30 … (0 comments)

down payment assistance: 7 Tips for Coming Up with Down Payment Money - 08/06/10 10:55 AM
LOOKING FOR DOWN PAYMENT HELP?  Here's a great post that might give you suggestions to come up with some extra $$ for that home purchase you're planning.  Be aware that there are MANYprograms to help homebuyers so if you would like to discuss them, please call or email me.
There are many communities or counties that offer help and there is only a certain amount allotted per year and some income requirements might apply.

Via Bo Kociuba (Keller Williams Realty-Yukon, OK):
Zero down loans are (almost) entirely a thing of the past. While many wanna-be buyers are tucking their down payment … (3 comments)

down payment assistance: Down Payment Assistance Opportunity for DuPage County - 05/06/10 05:09 PM
Down Payment Assistance and Home Ownership Opportunity in DuPage County IL Neighborhood Stabilization Program (NSP) DuPage County is purchasing bank-owned foreclosed homes and rehabbing them for sale to qualified buyers, who would be willing to live in the house. This owner-occupied new program includes a special financing plan that can save you money and help you get the home of your dreams.How does it work?
Borrower must qualify for a purchase price of at least $100,000 Tax impound account required Term of 15, 20 or 30 years Fixed rate, must be reasonable Fully amortized Renovation loans not allowed (203K) Lenders not … (0 comments)

down payment assistance: REO'S and Foreclosures - Think they could possibly be for you? - 12/02/09 03:48 PM
REO's and Foreclosures - Think they could possibly be for you? I just sold and closed two foreclosures recently and the two sales couldn't have been more completely opposite!  One needed work (203k) from head to toe - you know the kind you hear about where the seller decided to cut parts of the furnace out of the unit!  The other was fabulous with a remodeled kitchen and 42" maple cabinets.  That one needed painting and new carpet but needed minor TLC.  It had the best location backing up to a pond!  What did these buyers both have in common?  
They … (6 comments)

down payment assistance: Streamwood Illinois - Down Payment Assistance for First Time Home Buyers - 08/25/09 01:30 PM
WHERE CAN YOU PURCHASE A HOME? The Program is available in these Cook County communities and all unincorporated Cook County areas only.WESTBedford Park, Bellwood, Bensenville, Berkeley, Berwyn, Bridegview, Broadview, Brookfield, Burbank, Burr Ridge*, Cicero, Elmwood Park, Harwood Heights, Hillside, Hinsdale*, Hodgkins, lndian Head Park, Justice, La Grange, La Grange Park, Lyons, Maywood, McCook, Melrose Park, Norridge, North Riverside, Northlake, River Grove, Riverside, River Forest, Schiller Park, Stickney, Stone Park, Summit, Westchester, Western Springs, Willow Springs.SOUTHWESTAlsip, Chicago Ridge, Countryside, Evergreen Park, Hickory Hills, Hometown, Lemont, Merrionette Park, Orland Hills, Orland Park, Palos Heights, Palos Hills, Palos Park, Tinley Park*, Worth.SOUTHBlue lsland, Burnham, Calumet … (5 comments)

down payment assistance: Home Start Loan in Illinois - Home Start Advance Loan - 08/11/09 12:56 PM
New loan to help First-time Illinois Homebuyers - Home Start advances $8,000 federal tax credit to help with down payment!
CHICAGO - July 22, 2009 PRESS RELEASE
First-time homebuyers in Illinois now have an opportunity to take advantage of current low-interest rates and decreasing home prices under an innovative new program offered by the Illinois Housing Development Authority (IHDA). The Illinois Home Start Loan Program allows hundreds of residents to achieve the dream of homeownership through a new 30-year fixed rate loan, and an advance loan on the federal tax credit created by the American Recovery and Reinvestment Act of … (0 comments)

down payment assistance: Illinois Home Start Loan Program - First time Homebuyers tax credit - 08/11/09 12:44 PM
The Illinois HOME START Loan Program for First Time Homebuyers
The Illinois HOME START Loan Program is designed to help first time homebuyers achieve the dream of homeownership affordably. The HOME START program offers homebuyers two loans: the HOME START 30 Year Fixed Rate Loan and an optional HOME START Tax Credit Advance Loan.
HOME START 30 Year Fixed Rate Loan
As the name suggests, the first loan under the HOME START program is a 30 year fixed rate amortizing loan insured by the Federal Housing Administration (FHA) and serviced by U.S. Bank Home Mortgage. As of July 17, 2009, … (0 comments)

 
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Lyn Sims - Schaumburg Homes

Schaumburg, IL

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Schaumburg Real Estate - Northwest Suburbs - RE/MAX Suburban

Address: Schaumburg | Hoffman Estates | Elk Grove Village | and Roselle, IL in the Northwest Suburbs of Chicago

Office Phone: (847) 230-7324

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