First Time Buyer Home Loans | Illinois Housing Development Authority

Must be purchasing a primary residence; Borrower must have credit score of 640 or higher; Property must be located within the State of Illinois; Must meet income guidelines; Price of property must fall within purchase price limits; Must pay 1% of sale price or $1000; Borrower's debt to income ratio must be 50% or lower. Must complete home ownership education program.

Valid photo ID Proof of residence in Illinois Proof of income Loan application documents Additional documents may be required.

Monday to Thursday, 9:00 am - 4:30 pm Friday, 9:00 am - 2:00 pm

Spanish, English

(1) Call or email [email protected] (2) Submit required documents (3) complete home ownership education program

No Fees

IL