Fw: $ 7500 First Time Home Buyers Grants

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patrick sullivan

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May 8, 2014, 10:46:51 PM5/8/14
to ssi
  Irish,   Mike Fahey is an Old Boy and asked me to forward this. It may help if you are buying a home.   Sully

On Wednesday, May 7, 2014 4:50 PM, Mike Fahey <MFa...@emarquettebank.com> wrote:
Hi Sully
 
Shown below is some info on a $7500 Marquette Bank  grant money available for first time home buyers.  I have been able to combine other Marquette Bank grant program for customers and offer them almost $20,000 in grant money.
 
If you know of anyone that  is looking to buy as a first time homebuyer, Marquette Bank is a participant in the Welcome Home Illinois program offered by IHDA (Illinois Housing Development Authority) a new program shown below for first time homeowners. 
 
Please feel free to share this email with anyone you know, who is looking to buy as a first time homebuyer.  This grant can also be combined with other grants that Marquette Banks has available for first time homebuyers.  I have also attached a flyer on another Marquette grant program that can be combined with this program.
Welcome Home Illinois includes:
  • $7,500 cash assistance to cover down payment
  • 30-year fixed-rate mortgage with a below-market interest rate
Eligibility:
  • Buyers must be first-time homebuyers or anyone who has not owned a home in the last three years
Requirements:
• Contribute one percent or $1,000 of the purchase price, whichever is greater
• Purchase a one- or two- unit property within Illinois
• Live in property as primary residence
Let me know if any questions. 
 
Thanks
 
 
 
Mike Fahey
Marquette Bank
Residential & Multi-Family Lending
Direct Office: 708-873-8664
NMLS # 729219
 
 


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MBAH Grant Program Template 2014 (2).pdf
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