The Welcome Home Illinois Program

Helping Families. Supporting Communities. Empowering Individuals.


The Welcome Home Illinois Home Loand Program


The Welcome Home Illinois loan comes with down payment assistance that drastically reduces the total cost of your home and a below-market interest rate that saves you hundreds of dollars each month.

Welcome Home Illinois includes:

  • $7,500 cash assistance to cover down payment
  • 30-year fixed-rate mortgage with a below-market interest rate
  • Variety of loan options to choose from, including FHA, Conventional, VA, and USDA


  • Buyers must be first-time homebuyers, anyone who has not owned a home in the last three years or qualified Veterans


  • 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

Learn more about the new Welcome Home Illinois Home Loan Program today!