WEBOur programs offer safe, fixed interest loans at affordable rates. Qualified homebuyers can receive down payment and closing cost assistance. The Illinois HFA1 Program is suspended as of Sept. 12, 2023
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WEBAccess Repayable Highlights. 10% of the purchase price up to $10,000 in assistance for down payment & closing costs offered as an interest-free loan – repaid monthly over a 10 year period. 30-year, fixed rate mortgage with an affordable interest rate.
WEBDeveloper Resource Center. First Mortgage Loan Programs. Aurora St. Charles Senior Living (Aurora) IHDA’s first mortgage loan products with aggressive terms and interest rates bring low-cost capital to an underserved market facilitating the creation and preservation of affordable housing in Illinois. Permanent Loan.
WEBLoan Type: It is available with conventional, VA, FHA, or USDA loan types. 1st Mortgage: All IHDA Mortgage programs come with a 30-year fixed-rate mortgage. This is what finances the majority of the home purchase. Speak with an Approved IHDA Lender to get quote of the current interest rates.
DA:74PA:16MOZ Rank:72
IHDA Mortgage | Down Payment Assistance | Illinois
WEBAssistance is provided to homeowners in the form of a 5- or 3-year forgivable loan. Please note, total household income must be at or below 80 percent of the Area Median Income (AMI) to be eligible for the program.
WEBFind out the features and eligibility of all IHDA mortgage programs in one convenient matrix. Compare and choose the best option for your homebuying needs.
DA:95PA:55MOZ Rank:83
Illinois Emergency Homeowner Assistance Fund (ILHAF) – IHDA
WEBThe Illinois Homeowner Assistance Fund (ILHAF) program is no longer accepting applications. Due to limited funds, the Illinois Emergency Homeowner Assistance Fund (ILHAF) program has closed. The Illinois Homeowner Assistance Fund (ILHAF) provided up to $60,000 in mortgage assistance to eligible homeowners — paid directly to the …