Down payment help for Illinois homebuyers

IHDA down payment assistance programs (as of Oct 14, 2026)

• IHDAccess Home: 6% of the purchase price, up to $15,000, for down payment and closing costs, as an interest-free loan deferred for the life of the mortgage (repaid when you sell, refinance, or pay off the mortgage). Homebuyers and their spouses must be first-time homebuyers or exempt (an eligible veteran, or buying in a targeted area).
• IHDAccess Forgivable: 4% of the purchase price, up to $6,000, forgiven monthly over 10 years. Available to first-time and repeat homebuyers statewide.
• IHDAccess Deferred: 5% of the purchase price, up to $7,500, as an interest-free loan deferred for the life of the mortgage. Available to first-time and repeat homebuyers statewide.
• IHDAccess Repayable: 10% of the purchase price, up to $10,000, as an interest-free loan repaid monthly over 10 years. Available to first-time and repeat homebuyers statewide.

Common requirements listed by IHDA

• Meet the household income and purchase price limits.
• Minimum credit score of 640.
• Contribute $1,000 or 1% of the purchase price, whichever is greater.
• Live in the home as your primary residence.
• Complete homeownership counseling before closing (online and in-person options available).
• Paired with a 30-year fixed-rate IHDA mortgage through a participating lender.

Programs, amounts, limits, and eligibility change, sometimes without notice. Summary as of Oct 14, 2026. Always confirm current details and your eligibility directly with IHDA and a participating lender. I am not a lender and do not decide eligibility.

Sources

• IHDA – Lending Programs (as of Oct 14, 2026)
• IHDA – Questions and Answers (as of Oct 14, 2026)
• IHDA Mortgage – Homebuyer Center (as of Oct 14, 2026)

How I can help

I represent buyers throughout Illinois. I can help you understand the steps, coordinate with your lender, and find a home that fits your budget.

I offer full-service representation only, through At Home Realty Group, Inc. Commissions are not set by law and are fully negotiable.