Governor Quinn Announces Major Home Loan Program for First-Time Buyers in Illinois

SPRINGFIELD – April 2, 2014 – (RealEstateRama) — Governor Pat Quinn today announced his new Welcome Home Illinois loan program to help make homeownership a reality for Illinois’ first-time home buyers. The program provides $7,500 in down-payment assistance with an interest rate as low as 3.99 percent for a secure, 30-year fixed rate mortgage. Today’s announcement is part of Governor Quinn’s agenda to drive economic growth by making homeownership more affordable in Illinois


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