New ASSIST Programmiguel2015
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New Program • Eligible Markets – Cook County; Lake County; Cities of Aurora, Crest Hill, Joliet, Lockport, Naperville, Yorkville; Villages of Minooka, Plainfield, Romeoville, Schaumberg, Shorewood – and more! • Financing Facts – First time home buyers (not required for veterans or in targeted areas) – FHA first mortgage with 3% grant; no repayment of grant required – Income limits (e.g. Cook County range from $88,320 to $103,040) – FHA underwriting on 1- to 4- units with 640 minimum credit score and 45% maximum DTI – New conventional low down payment alternative on 1-unit property with 680 minimum credit score 3% Down Payment and Closing Cost Assistance For more information, contact Miguel Mendoza, NMLS #1011691, at 708-752-5835
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Transcript of New ASSIST Programmiguel2015
New Program
• Eligible Markets– Cook County; Lake County; Cities of Aurora, Crest Hill, Joliet, Lockport,
Naperville, Yorkville; Villages of Minooka, Plainfield, Romeoville, Schaumberg, Shorewood – and more!
• Financing Facts– First time home buyers (not required for veterans or in targeted areas)
– FHA first mortgage with 3% grant; no repayment of grant required
– Income limits (e.g. Cook County range from $88,320 to $103,040)
– FHA underwriting on 1- to 4- units with 640 minimum credit score and 45% maximum DTI
– New conventional low down payment alternative on 1-unit property with 680 minimum credit score
3% Down Payment and Closing Cost Assistance
For more information, contact Miguel Mendoza, NMLS #1011691,
at 708-752-5835
