Are you looking to purchase a home in Cook County, Illinois? Do you need assistance obtaining money for your down payment or closing costs?
If you answered yes to the above questions, then I may have a program for you.
The Cook County Home Buyer's Program allows qualified buyers to receive cash from a second mortgage loan to meet the down payment and closing cost expensed associated with the purchase of a home. You qualify if your income is 80% or less than the median income of the area, adjusted for family size.
The Home Buyer's Program awards a second mortgage for down payment and closing cost expenses. This program allows a qualified home buyer to borrow 2% of the required 5% down payment on the purchase price. In addition, loan funds may be used for up to 50% of the estimated closing costs.
This program is available in various Cook County communities and all unincorporated areas.
Please email me if you have any questions regarding purchasing your first home:) If you are a first time home buyer in the state of Illinois, I may have a program for you! Email me, and I will assist you!
I also do VA and FHA home loans (purchases and refinances:) We lend in all states!
Thank you!
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I am looking for information on low income down payment assistance home owner programs in the cook county. I donot qualify for first time down payment because I sold a home two years ago. I am looking to purchase again and need some assistance with down payment.