Dear friends,
This just came across my desk. Please, check it out and contact your lender to see if this is something that you can/want to take advantage of! I believe this can be in addition to the Federal 8k tax-credit... Again, ask your lender to be sure!! ;)
A quick recap of the program:
For first time homebuyers
- Can receive UP to $10K in down payment and closing cost assistance
- This is a zero interest, deferred payment loan.
- Homebuyers must have either lived (or worked full-time) in the Kane County Consortium area for at least one year.
- NO payments are due until home is sold, title transferred, or no longer principal residence.
- There are income limit restrictions (see sheet)
~ Diane Morales
MOVIN' WITH MORALES
630.709.9882