Mark Sotir
Broker
Realty Executives Midwest
Is your Student Loan debt stopping you from purchasing a home of your dreams? Help is here!! IHDA has launched a new down payment assistance program called Smart Buy.
People can apply for a 30 year first mortgage at a fixed rate with 5,000 deferred for a down payment or use it for closing cost assistance. Also 15% of the purchase price ( up to maximum of 40,000) in student debt relief. For more information on this program just click here to see the guidelines and lenders that work with this program.