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    debbiecrazy's Avatar
    debbiecrazy Posts: 2, Reputation: 1
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    #1

    Mar 28, 2007, 07:55 AM
    How do you find out about first time home buyer programs
    I live in the Chicago area and I am looking for 1st time buyer programs to purchase a home?:confused:
    alkalineangel's Avatar
    alkalineangel Posts: 2,391, Reputation: 323
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    #2

    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
    Plenty of down-payment assistance is available if you search | Chicago Tribune
    alkalineangel's Avatar
    alkalineangel Posts: 2,391, Reputation: 323
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    #3

    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's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #4

    Mar 28, 2007, 10:11 AM
    Your local real estate professions keep up with all of the current programs
    JonTheBanker's Avatar
    JonTheBanker Posts: 4, Reputation: 1
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    #5

    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 . Call if you still have questions.
    MortgageGuy's Avatar
    MortgageGuy Posts: 1, Reputation: 1
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    #6

    Jun 17, 2008, 08:37 PM
    We offer several Chicago first time home buyer programs including Chicago FHA, VA loans, My Community Mortgage, no money down loans, jumbo and many others.

    Dennis Hardy
    Ameristar Mortgage
    877-240-5840 x23
    [email protected]
    www.AmeristarMadison.com
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