An article on page 23 of the April Illinois REALTOR®, “7 home financing programs to help you get buyers into a home this spring,” cites seven programs that could help some customers get the financing they need with less than 20 percent down. You may be able to identify more programs than these:
- @HomeIllinois from the Illinois Housing Development Authority (IHDA),
- 1stHomeIllinois from the IHDA,
- FHA loans,
- HomeReady Mortgage by Fannie Mae,
- Home Possible Advantage by Freddie Mac,
- USDA Single Family Housing Guaranteed Loan Program and
- the VA Home Loan Program.
To see the digital version of the article, go here.