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Home Buyer Down Payment Assistance Programs

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Real Estate Agent

down payment assistance

Working with a good loan officer is paramount in your home buying success. Let's face it, no one has the cash to purchase a home outright anymore so everyone turns to a lender for advice and guidance.  (updated 3/25/17)

What you should look for in a loan officer is their ability to fit you into particular programs that you didn't know about that might be a benefit to you. Here's a great example if you need down payment assistance. Instead of waiting a few more months to save up that complete down payment this program can help you out. You must meet certain income requirements and know the program guidelines. Afterwards, you can see if it can work for you or not.

I work selling homes to people that need a variety of financing types. A good loan officer fits the programs to the buyers needs then I fit that loan program to the house that the buyers are interested in.

Guidance and good programs that fit your needs are the keys. I work in the surrounding areas of Schaumburg only in the Northwest Suburbs. If that's where you are looking, let's begin the process today by giving me a call.

You can also call the lenders mentioned below to get preapproved after reading the qualifying guidelines.

 

 

 ihda DOWN PAYMENT ASSISTANCE

Lenders that I recommend & have worked with extensively.  Tell them you are interested in IHDA (eye-da).

Gene Mundt (815) 524-2280  American Portfolio Mortgage

Gene Walters (847) 217-7030  HomeTrust Mortgage

Dominic White (847) 977-8111 Guaranteed Rate

 

 

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  Lyn Sims    Schaumburg IL Area    Northwest Chicago Suburbs  ●  (847)962-7104
 
 
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Comments (4)

Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

Hi Lyn, You are right on. A buyer needs to have the right fit for their mortgage lender just like the right fit for the home they are wanting to buy.

Apr 17, 2014 11:08 AM
Tessa Skeens
Hampton ReDesign, Home Staging and Redesign - Grand Junction, CO
Staging For Realtors, Builders & Investors

Great info, Lyn. These days mortgage products change so often, it's hard to keep up with them all!

Apr 28, 2014 02:09 AM
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

So glad to see you promoting this assistance program, Lyn.  I've been surprised at the few numbers that are aware of it.  Consider this shared!

Gene

May 01, 2014 05:59 AM
Marshall Enterprises
Marshall Enterprises - Saint Michael, MN
Antiques, Lawn Care, and Trashouts

I know you work with Gene Mundt....he is top-notch in my book.  And, I know that birds of a feather flock together...so you are top-notch, too, Lyn Sims!

May 02, 2014 05:56 AM