First Time Buyer Home Loans | Illinois Housing Development Authority
Must be purchasing a primary residence; Borrower must have credit score of 640 or higher; Property must be located within the State of Illinois; Must meet income guidelines; Price of property must fall within purchase price limits; Must pay 1% of sale price or $1000; Borrower's debt to income ratio must be 50% or lower. Must complete home ownership education program.
Valid photo ID
Proof of residence in Illinois
Proof of income
Loan application documents
Additional documents may be required.
Monday to Thursday, 9:00 am - 4:30 pm
Friday, 9:00 am - 2:00 pm
866-454-3571
Voice - Toll-Free
Spanish, English
(1) Call or email [email protected] (2) Submit required documents (3) complete home ownership education program
No Fees
IL
Description
Administrative entity managing programs for homeowners, first-time home buyers, renters, multifamily developers, and property managers.
Date of Last Formal Update
08/29/2025
Data provided by
211 DuPage County
What's Here
Providing organization
Illinois Housing Development Authority
Administrative entity managing programs for homeowners, first-time home buyers, renters, multifamily developers, and property managers.