cuatro. IHDA Home loan Software

So it Access Financial program is focused on helping the first-time and repeat homebuyer that is wanting some help with down-payment and you can home loan choices. This enables anybody regarding condition regarding Illinois, as well as instructors, to decide a program that may best fit their requirements. Perhaps one of the most enjoyable elements of each of the step 3 options is that you can pertain the newest apps to help you both an current domestic otherwise an alternate build!

The initial option is this new IHDAccess Forgivable Mortgage. Contained in this program you can discovered cuatro%, around $six,000, of purchase price to assist you into the putting a down percentage off and you may paying for more the fresh settlement costs.