IHDA $5,000 Down Payment Assistance for REPEAT & First Time Buyers!

By
Real Estate Agent with RE/MAX in the Village, Realtors
https://activerain.com/droplet/4zkW

Home buyers in the state of Illinois, rejoice!

The Illinois Housing Development Authority (IHDA) has recently rolled out a new mortgage program for home buyers and owners called the @HomeIllinois Mortgage.

It offers $5,000 in down payment or closing cost assistance, and repeat as well as first time buyers can qualify based on their income requirements. They will need to contribute at least $1,000 or 1% of the purchase price toward the down payment.

@HomeIllinois is a 30-year fixed rate mortgage with a variety of options to choose from. In addition to new purchase loans, current homeowners can refinance into an @HomeIllinois mortgage as well!

Contact me for my list of recommended lenders who can get you pre-approved for an @HomeIllinois Mortgage, and start your house hunt here!

Posted by

Laurie Christofano, Realtor

ABOUT THE AUTHOR: Laurie Christofano has been a real estate broker since falling into the field in 2007 upon deciding to leave medical school. Passionate about local architecture and determined to make a living "helping people" (as she set out to do since deciding to become a doctor; albeit she's now helping with a different but also important aspect of people's lives), she's worked with buyers, sellers & renters all over Chicago's city & suburbs. Proud member of The Pych Team @ RE/MAX In The Village, Your #1 Pick! Learn more: http://traffic.libsyn.com/brianplain/TAA020.mp3

Find out how much your Chicago area home is worth in today's market:
go to http://myhousepage.com/chicagoland-house-values
(FREE service for Chicagoland homeowners)

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Topic:
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Groups:
Windy City Real Estate
Chicago Area Real Estate BUZZ!
1st Time Buyers
RE/MAX Northern Illinois
Chicagoland and Northern Illinois Real Estate
Tags:
down payment assistance illinois
buying a home in illinois
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first time buyer program illinois
first time buyer program il
ihda down payment assistance
1st time buyer program illinois
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Rainmaker
2,805,246
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Laurie - The IHDA $5,000 down payment assistance will help many people buy homes.

Mar 04, 2015 12:26 PM #1
Rainmaker
675,992
Chuck Willman UtahHomes.me
Utah Homes - Alpine, UT
Utah Homes

This may be just enough to tur some renters into buyers. Nice job Illinois!

May 20, 2015 11:57 PM #2
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Rainer
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Laurie Christofano

ABR, The Pych Team at RE/MAX in the Village
Buy or Sell in Chicagoland
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