Down payment assistance programs for the Chicago area
Are you looking to purchase a home in Cook County?
GREAT NEWS! Thanks to the Cook County Home Advantage Program, you could be eligible for up for $25,000 in down payment assistance. This extra buying power could be just the thing to get you into the home of your dreams!
- Assistance is 5% of the sales price, up to $25,000.
- This is a second loan with a 5-year term, forgiven in full at the maturity date so long as the property is the primary residence for at least one of the borrowers.
- Funds may be used toward the home purchase, the down payment, closing costs and even rate buydown.
- Purchase price and income limits apply.
Reach out to learn more and see if you qualify!
Fairway is required to disclose the following license information. AZ License #BK-0904162; Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act, License No 41DBO-78367. Licensed by the Department of Financial Protection and Innovation under the California Financing Law, MLS #2289. Loans made or arranged pursuant to a California Residential Mortgage Lending Act License; Georgia Residential Mortgage Licensee #21158; For licensing information, go to www.nmlsconsumeraccess.org; MA Mortgage Broker and Lender License #MC2289; Licensed Nevada Mortgage Lender; Licensed by the NJ Department of Banking and Insurance; Licensed Mortgage Banker-NYS Department of Financial Services; Rhode Island Licensed Broker & Lender; Fairway Independent Mortgage Corporation MLS ID #2289 (www.nmlsconsumeraccess.org).