Schaumburg Down Payment Assistance for Buyers

Real Estate Agent with RE/MAX Suburban

Schaumburg Home Buyers Attention!

Need Down Payment Assistance?

There is a down payment assistance program offered thru Cook County that schaumburg down payment assistancemay fit your needs! This is
great news for home buyers that need help.

If you live in or plan to purchase in Cook County
and qualify for an FHA, VA, USDA, or Freddie Mac first mortgage loan, and can’t afford the down
payment or closing costs, there may be a down payment assistance program that can help.

Qualified buyers who meet income and credit score requirements may be able to receive a grant for up to 5% of the total loan amount based on their income.
FHA, VA and USDA loans are
available for those with an income of $88,435 or less and a credit score as low as 620, while Freddie Mac loans are available for those with an income of $131,775 or less and a credit score as low as 640.

Alright, let's put that in english for you - you have an OK credit score but need the down payment help right?

There are requirements that you must meet which are income related maximums & FICO score minimums in order to qualify.

And if you plan on purchasing a home in the Schaumburg Area soon - call me to get prequalified thru my preferred lender who offers this program. I work hard as a buyers agent to get you the newest programs to help you get into the home you want.  If you need help - all the better right?

So I'm looking for buyers who want to take me up on this program today in the Schaumburg Area.  

Email me or call & we will get the ball rolling toward that new home.


Posted by

lyn sims


  Lyn Sims    Schaumburg IL Area    Northwest Chicago Suburbs  ●  (847)230-7324

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Liz and Bill Spear
RE/MAX Elite 513.520.5305 - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

Lyn, Great information for your area buyers!  I'm betting this info is something MOST agents don't know about.

Nov 21, 2016 08:51 AM #1
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

Good evening Lyn Sims ,  The people in your area will appreciate your information.  Have a Nice Thanksgiving.

Nov 23, 2016 08:20 PM #2
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Lyn Sims

Schaumburg IL Area Real Estate
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