hometrust mortgage: FHA raise limits on financing in the Chicagoland Area - 02/27/09 05:31 AM
A bit of good news for low-down payment financing.  FHA requires 3.5% down, and that can be a gift.  
 
   The revised 2009 limits for the Chicago MSA are as follows:
 
      One-Unit:   $410,000
      Two-Unit:   $524,850
      Three-Unit: $634,450
      Four-Unit:  $788,450
 
 
 
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hometrust mortgage: Fantastic Home Deals-Low Mortgage Rates-Homebuyer's Credits-Lots of Choices! - 12/30/08 08:42 AM
This is probably the best Homebuyer's Market we have ever seen!
First-time homebuyers can get a $7,500 tax credit   
Who is eligible?
•·                     All US Citizens who file taxes and are first-time homebuyers
 
Income Limits:
•·                     Homebuyers who file as single or head-of-household taxpayers can claim the full $7,500 credit if their modified adjusted gross income (MAGI) is less than $75,000.  If you earned between $75,000 and $95,000, you are eligible to receive a partial tax credit
 
•·                     For married couples filing a joint return, the income limit doubles to $150,000.  If you earned between $150,000 and $170,000, you … (0 comments)

hometrust mortgage: Illinois first time homebuyer programs and assistance - 08/12/08 02:37 AM
Here are some of the programs and cities offering programs. FHA and VA are also great programs.
Illinois Down Payment Assistance Programs Alton Homeownership Program (HOP)$5,000 (618) 463-3801 Cook County Homebuyers Program (HBP)$5,000 (312) 603-1062 Dekalb First-Home Program$2,800 (815) 748-2060 East St. Louis CDBG Operations Corporation HOME Investment Partnership Program (HIPP)$6,500 (618) 482-6635 Madison County Homebuyer Program (HBP)$3,000 (618) 692-8940 Springfield Home Ownership Assistance (HOA)$25,000 (217) 789-2408 St Clair County Homebuyer Assistance Program (HAP)$4,000 (618) 277-6790
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Bob Brandt, Re/Max Realtor-30+ years experience (Re/Max Suburban)

Bob Brandt

Re/Max Realtor-30+ years experience

Schaumburg, IL

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