Illinois First Time Home Buyer Grants

It would be awesome to receive one of these home mortgage grants. Anyone would appreciate such a gift wrapped money package!

Before we get to the topic of Illinois first time home buyer grants, I would like to give you some fun facts about your chosen state. (If you are relatively new to Illinois, I don't want you to look too much like a tourist!) These facts were obtained from the State of Illinois official website.

• Illinois' state slogan is "'Land of Lincoln'. The slogan was adopted by the General Assembly in 1955. The State of Illinois has a copyright for the exclusive use of the slogan."

• The state name of "Illinois" originates from Algonquin Indian and means "Tribe of Superior Men".

• Lincoln Log Cabin: "Located on the Lincoln Highway eight miles south of Charleston, Lincoln Log Cabin preserves the site of the last home and farm of Abraham Lincoln's father and stepmother, Thomas (ca. 1778-1851) and Sarah Bush Lincoln (1788-1869). The Lincolns moved to the farm in 1837."

• Wild Bill Hickok Memorial is located in a small park that shows the birthplace of James Butler 'Wild Bill' Hickok. There is a plaque on the stone fixture that honors Hickok as 'a scout and spy in the western states to preserve the Union in the Civil War.' This fixture was dedicated on August 29, 1930.

If Illinois is your choice, read on for information related to the Illinois first time home buyer grants program.

To begin with, the State of Illinois does offer an Illinois first time home buyer grant program for its residents. This is good news because not all states are able to offer assistance to first time home buyers.

The state agency which maintains Illinois' first time home buyer grant program is the Illinois Housing Development Authority. Illinois offers one type of grant. Whether you qualify or not will depend on the amount of your income. Families with low income may be eligible to receive a grant of up to $3,000 to assist with down payment and closing costs. Families with very low income may be eligible to receive a grant of up to $5,000. You should visit the Illinois Housing Development Authority to determine your eligibility.

First Time Home Buyer Grants Illinois

In addition, the federal government offers grant assistance for first time home buyers in Illinois. This program is maintained by the United States Department of Housing and Urban Development and is called the Homes and Communities program. Their website contains useful information and applications. The website for the grant program maintained by the United States Department of Housing and Urban Development can be visited by using this link, HUD Grant Information.

Other Home Mortgage Grants

Another website I would recommend that you view is Government Grants. This website offers a list of all federal government grant programs. It would be a good idea to take some time and browse through this site to see what it offers and the qualifications for application.

Don’t forget the importance of your credit score. Even if you qualify for Illinois first time home buyer grants, you still have to qualify for a loan. See my information on credit repair made easy if you need help.

If you don’t qualify for a grant you may qualify for down payment assistance. They are sometimes easier to obtain.

Leave Illinois First Time Home Buyer Grants and return to First Time Home Buyer Grants State Lists main page.

Return to First Time Home Buyer Solutions home page.

Please tell others about this FREE information. Everybody else on the web charges for this kind of stuff!!

Also, feel free to visit any of our sponsors by clicking on the links you find that interest you most.

Happy House Hunting!!

Would You Like Your Own Website?
Click Here for FREE Details.

© 2005-2011 All Rights Reserved
Powered By SBI!