Mortgage Information
With over 175 mortgage articles and live mortgage rates, this will provide answers to your mortgage questions.
Mortgage Calculator
Our simple mortgage calculator calculates your monthly payment based on your input.
Mortgage Advice and Tips
Several questions and answers on home loans and mortgages from Inman News.
Partnership for HomeOwnership-HomePower Mortgage Asisstance Program
Targeting individuals and families with income at or below 80 percent of the Cook County median income, applicants
must be first-time homebuyers or not have owned a home within three years.
IHDA First TIme Home Buyer Program
The Illinois Housing Development Authority (IHDA) offers a lower-than-market rate down payment to first-time borrowers or those who have not owned a home in three years.
IHDA I-Loan ProgramM
This Program offers a below market, 30- and 40- year fixed rate mortgages.
IDHS Assets Illinois Homeownership Project
The Illinois Department of Human Services in Septmeber launched a new $1.7 Million grant program designed to
create 850 first-time homeowners annually throughout the state.
USDA Illinois Guaranteed Rural Housing Loan
Offers 100 percent financing with no monthly mortgage insurance and a competitive fixed interest rates. This
program is NOT just for first time buyers.
Our Own Home-Illinois State Treasurer's Office
This program helps people purchase their first home, or refinance if payments have been missed due to
circumstances beyond the homeowner's control.
FHA Loan
The Federal Housing Authority offers a single-family low downpayment loan, which allows wider debt ratios. This is a good loan for those borrowers with little downpayment savings.