Help get those first time buyers off the fence this spring season with @HomeIllinois, offered by the Illinois Housing Development Authority (IHDA) through Key Mortgage Services. This new multi-faceted program provides 30-year, fixed-rate, affordable loans and grants of $5,000 to help with a down payment or closing costs.
“IHDA’s Welcome Home Illinois was incredibly successful and helped more than 10,000 buyers last year. Now, @HomeIllinois is set to make a major impact in the spring market with its first time buyer assistance program, as well as programs aimed at repeat buyers and homeowners looking to refinance,” said Steve DiMarco, president of Key Mortgage Services, Inc. “Key Mortgage is the No. 6 IHDA lender in the state and the No. 1 local mortgage company on the list. When it comes to these deal-changing opportunities, our loan officers are the absolute best in helping your clients obtain the necessary financing to purchase their home.”
Early predictions expect @HomeIllinois to assist 4,000 borrowers with its $20 million in funds. For more information about @HomeIllinois financing options, contact a Key Mortgage loan officer.