The Home Buyer Assistance program provides financial assistance for down payment and closing costs to help Chicago residents purchase their home. Residents must meet eligibility criteria and apply for the program through qualified lenders. Please see below for more details on the program and a list of approved lenders in your area.
Resident Action Items
Step 1: Complete 8-hour homebuyer education course
Select an agency and register at their website to complete an 8-hour pre-purchase education classes. A Pre-purchase certificate required for each 1st time home buyer applicant.
Step 2: Select qualified lender
Step 3: Reach out directly to lender for more information
*Note: once approved, Lenders may require additional time to implement appropriate policies and procedures to accept applications from qualified borrowers.