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

‘Welcome Home Illinois’ Loan Program Offers $7,500 in Down-Payment Assistance with Below-Market Interest Rate to Make Homeownership a Reality

SPRINGFIELD–(ENEWSPF)–April 1, 2014.  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…

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