Morning Minute: New low down payment program for Chicago homebuyers

Qualifying Chicago homebuyers will be able to take advantage of a mortgage loan program with a 1 percent down payment being offered through a partnership of Guaranteed Rate, the city of Chicago and Chicago Infrastructure Trust. The Chicago Home Buyer Assistance Program aims to help more qualified consumers become homeowners. Read more in HousingWire’s article, “Guaranteed Rate offers 1% down mortgage program through homebuyer grant with Chicago,” and find additional details from Guaranteed Rate.

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