Funds are limited. Contact us today!
1st Home Illinois
First-time homebuyers in Boone, Cook, DeKalb, Fulton, Kane, Marion, McHenry, St. Clair, Will or Winnebago counties can get $7,500 in down payment assistance with an 30-year fixed rate mortgage. 1STHomeIllinois is tailored for first-time homebuyers, or anyone who hasn’t owned a home in the last three years and moving into one of the above 10 counties.
- $7,500 cash assistance for down payment and closing costs
- 30-year, fixed-rate mortgage
- Conventional loan
- Must be purchasing a one or two unit property in Boone, Cook, DeKalb, Fulton, Kane, Marion, McHenry, St. Clair, Will or Winnebago counties
- First-time homebuyer or anyone who has not owned a home in the last three years (Veterans are exempt) in one of the above 10 counties
- Contribute $1,000 or 1 percent of the purchase price, whichever is greater
- Meet the income and purchase price limits
- Meet the credit requirements
- Live in the home as primary residence
- Complete homeownership counseling (online and in-person options available)
Ready to get started? CFS Mortgage is a qualified IHDA participating lender and we will guide you through the quick and easy process. Funds are limited so act now.