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View Full Version : How do you find out about first time home buyer programs


debbiecrazy
Mar 28, 2007, 07:55 AM
I live in the Chicago area and I am looking for 1st time buyer programs to purchase a home?:confused:

alkalineangel
Mar 28, 2007, 08:01 AM
These links may be helpful. In KY where I live, there was a FHA loan option that helped us purchase our first home that I learned about through the housing authority website. WE got the lowest rate available even with some past credit problems and we only had to have 3% down which helped. Good luck! :)

The Illinois Housing Development Authority (http://www.ihda.org/)
Plenty of down-payment assistance is available if you search | Chicago Tribune (http://www.chicagotribune.com/classified/realestate/financing/chi-0602050218feb05,0,4496712.story?coll=chi-classifiedfinancing-hed)

alkalineangel
Mar 28, 2007, 08:02 AM
Oh! And I should add that it was a 30 year fixed, not an ARM... dont think you can't get a fixed loan, because you can... and the FHA is not a stressful as it used to be because there are no inspections required like there used to be...

Fr_Chuck
Mar 28, 2007, 10:11 AM
Your local real estate professions keep up with all of the current programs

JonTheBanker
May 1, 2008, 10:31 PM
SHould you need any further guidance on first time home buyer programs, take a look at Chicago First Time Home Buyer Programs (http://www.chicagomortgagefinance.com/financing/first_time_homebuyer) . Call if you still have questions.

MortgageGuy
Jun 17, 2008, 08:37 PM
We offer several Chicago first time home buyer (http://www.ameristarmadison.com/first_time_home_buyer_wisconsin/index.htm) programs including Chicago FHA (http://www.ameristarmadison.com/government_loans/fha_wisconsin/index.htm), VA loans (http://www.ameristarmadison.com/va.htm), My Community Mortgage (http://www.ameristarmadison.com/wisconsin_illinois_my_community_mortgage/index.htm), no money down loans (http://www.ameristarmadison.com/100percentfinancing_no_money_down/index.htm), jumbo (http://www.ameristarmadison.com/wisconsin_jumbo_mortgage_loans/index.htm) and many others.

Dennis Hardy
Ameristar Mortgage
877-240-5840 x23
[email protected] (mailto:[email protected])
www.AmeristarMadison.com (http://www.ameristarmadison.com)