Additional Resources for Illinois
IHDA Mortgage Illinois HFA1
- What It Offers: A 0% interest 2nd mortgage for $10,000 in down payment and/or closing cost assistance. Deferred for the life of your mortgage.
- Eligibility: Household income and purchase price limits apply—minimum credit score of 640.
- Website: IHDA
Opening Doors (Abriendo Puertas)
- What It Offers: A 0% interest 2nd mortgage for $6,000 in down payment and/or closing cost assistance. The loan is forgiven after five years.
- Eligibility: Available to first-time and non-first-time homebuyers, including DACA Recipients.
- Website: IHDA
Access Forgivable
- What It Offers: 4% of the purchase price up to $6,000 in assistance for down payment & closing costs, forgiven monthly over ten years.
- Eligibility: Household income and purchase price limits apply—minimum credit score of 640.
- Website: IHDA
Access Deferred
- What It Offers: 5% of the purchase price up to $7,500 in assistance for down payment & closing costs offered as an interest-free loan.
- Eligibility: Household income and purchase price limits apply—minimum credit score of 640.
- Website: IHDA
Access Repayable
- What It Offers: 10% of the purchase price up to $10,000 in assistance for down payment & closing costs offered as an interest-free loan, repaid monthly over a 10-year period.
- Eligibility: Household income and purchase price limits apply—minimum credit score of 640.
- Website: IHDA
