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  1. www.ihdamortgage.orgIHDA Mortgage | Down Payment Assistance | Illinois

    Up to $10k in Down Payment Assistance for eligible Illinois homebuyers! Learn how IHDA Mortgage can help you! top of page. ... We offer up to $10,000 in assistance!

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  2. www2.illinois.gov › IISNews › 30183-State_ofState of Illinois Offering $10,000 To Help Buy a Home and Put ...

    down payment and closing costs for the purchase of a new or existing home. The unique program offers three tiers of assistance depending on the needs of the homebuyer. “Last year, one in every thirteen people who bought a home in Illinois utilized an IHDA program to help overcome down payment costs and other hurdles,” said IHDA

  3. www.nbcchicago.com › news › localHow to Know if you Qualify for the Relaunched Down Payment ...

    Sep 9, 2022 · A 30-year 1st mortgage with a fixed interest rate and $6,000 in closing cost and/or down payment assistance is offered as part of the program. ... you Qualify for the Relaunched Down Payment ...

  4. www.ihda.org › my-home › geGetting An IHDA Loan – IHDA

    a 0% interest 2 nd mortgage for in down payment and/or closing cost assistance. This 2 loan is offered as an interest-free loan, deferred for the life of your mortgage – you don’t need to repay until you sell your house, refinance, or pay off your mortgage. 4% of the purchase price up to $6,000 in assistance for down payment & closing costs ...

  5. www.ownup.com › learn › a-comprehensive-guide-toA Comprehensive Guide to Illinois First-Time Home Buyer ...

    May 5, 2024 · Homebuyers must have a minimum credit score of 640; make a minimum contribution to the sale of $1,000 or 1%, whichever is greater; and have an annual income that meets the threshold set for their county, the number of people in their household, and the type of property they’re buying. Both first-time and repeat homebuyers are eligible to apply.

    • Lauren Hargrave

  6. www.ihda.org › lenders-realtors › lendiLending Programs – IHDA

    The Illinois HFA1 Program is suspended as of Sept. 12, 2023. a 0% interest 2 nd mortgage for $10,000 in in down payment and/or closing cost assistance. This 2 loan is offered as an interest-free loan, deferred for the life of your mortgage – you don’t need to repay until you sell your house, refinance, or pay off your mortgage.

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  8. www.nerdwallet.com › article › mortgages15 Illinois First-Time Home Buyer Grants - NerdWallet

    Mar 8, 2019 · 3. 1stHomeIllinois. This state program offers a $7,500 grant toward a down payment and closing costs on a property in Cook, Marion, St. Clair and Winnebago counties. As the name implies ...