USDA Rural Development Guaranteed Loans

• Long term fixed rate financing with little or no down-payment requirements.
• Available to qualified moderate to low income applicants

Down-Payment Plus

• A program focused on providing financial assistance to qualified low income home buyers in Illinois who need help in meeting the down-payment requirements and closing costs associated with buying a home
• Down-Payment Plus grants are funded by the Federal Home Loan Bank of Chicago
• To qualify for grant consideration, your annual household income must be 80% or less than the area median family income, adjusted for family size.