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  1. Oct 21, 2024 · Aurora first-time home buyers. The median list price in Aurora was $320,000 in September 2024. That grew 6.8% annually, according to Realtor.com. At that median price, your down payment options ...

  2. Nov 18, 2020 · 1stHome Illinois. The 1stHome Illinois program is geared toward first-time home buyers and is a helpful option for buyers looking for homes specifically in Cook, Marion, Winnebago and St. Clair counties. This loan program offers a grant of $7,500 to put toward down payment or closing costs. The up-side of this program is that if you live in the ...

  3. May 5, 2024 · This program is available to first-time homebuyers and repeat homebuyers who have a minimum credit score of 640 and meet the income threshold requirement for their county, number of household members, and the type of property they are buying. Homebuyers contribute $1,000 of their own money or 1% of the purchase price, whichever is greater.

    • Lauren Hargrave
  4. Homeowners in need of assistance can find more information on program eligibility and how they can prepare to apply at www.illinoishousinghelp.org. Applications will be accepted until 11:59 p.m. on Tuesday, May 31, 2022. “Illinois was the fastest state in the nation to respond to the housing crisis brought on by the

  5. Jan 17, 2024 · You can get an FHA loan with 3.5 percent down and a credit score as low as 580. VA loans: For active-duty military, veterans and surviving spouses, a loan guaranteed by the U.S. Department of ...

  6. Government regulations account nationally for $93,870, or 23.8% of the national average sales price ($394,300) of a new single-family home in 2021. With an April 2024 monthly median home price of ...

  7. Homeownership offers many benefits beyond just having a place to call your own.One of the key advantages is building equity. As you make mortgage payments, your ownership stake in the property. Read More. 773-577-4297. Anyone buying a home for the first time in Illinois will likely want to explore their options for financing. There are m.

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