Illinois Welcome Home Heroes Program Set to Close Feb. 13

TWL_2015_feb_blog7Time is running out for homebuyers who have served in the armed forces to take advantage of the Illinois Welcome Home Heroes program.  Funds have run out for the generous program, which offers $10,000 in down payment assistance along with a low interest rate on a 30-year fixed mortgage. According to the Illinois Housing Development Authority, the program is set to end on Feb. 13 unless the volume of applications exceeds the available funds and causes the program to end sooner. This is the second Illinois homebuyer assistance program to close in the last 60 days. The Welcome Home program suffered the same fate last December.

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Image Source: Mary Clark