Illinois Home Loans for First Time Home Buyers
Our Mortgage Bankers Will Help You through the Home Loan Process

First Time Home Buyers Today is a great time to be a first time buyer in the greater Chicago market. Home prices are more affordable now, Illinois mortgage interest rates are still near historic lows, and there are several creative home loan programs for first time buyers.

Below are some examples of home loan programs and financing solutions that help make home ownership in greater Chicago affordable for first time home buyers:
  • FHA home loans with as little as 3.5% down
  • Conventional fixed rate home loans with as little as 5% down
  • PMI buyout programs (eliminates monthly mortgage insurance)
  • Tax credit programs available through IHDA (Illinois Housing)
  • Down Payment assistance programs through IHDA
  • VA Financing with no down payment required for qualified Veterans
Home buyer education is the key to understanding and utilizing many of these Illinois home loan programs. For information on any of these programs please call us at (708)531-8388 or click here to contact United Home Loans.
United Home Loans Inc, Loans, Westchester, IL

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