Chicago First Time Buyers Down Payment Program
The City of Chicago Home Purchase Assistance Program assists buyers who want to become home owners but may lack the money needed for down payment and associated closing costs.
All types of housing in Chicago are eligible for down payment assistance funds including single family homes, townhouses, condominiums and owner occupied two, three and four flats. The basic down payment assistance program guidelines are simple. Funds are available only for properties purchased in the City of Chicago. Funds are not to exceed 25% of the sales price of a home.
The BuyersUtopia.com system has every property in the City of Chicago that is available for sale to assist home buyers in their search. Finding out if you qualify for the funds and to get pre-approved is a very simple process. Simply fill out the form below or contact one of Ideal Location Chicago Real Estate, LLC buyer brokerage Representatives at 312.433.9300 x 12. Certain restrictions do apply but by contacing the Ideal Location team you will have a representaive coordinate all aspects of your purchase including loan pre-approvals, contracts, property research and down payment assistance funding with the City of Chicago. Funds are limited so take advantage of this program today.