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No Down Payment VA and FHA Mortgage in Chicago, Illinois

Posted by madisonmortgage on June 26th, 2009

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Utilize Chicago government sponsored loan programs to purchase or refinance your current mortgage.

We are an FHA / VA mortgage lender with programs available for purchasing and refinancing a home.

Not restricted to first time home buyers — Down payment assistance covers all closing costs and settlement charges, and most if not all of your down payment.

Also, homeowners struggling with high interest rates can take advantage of government programs in place to help refinance out of high risk / high interest loans.

Effective January 1st, 2009:  FHA now requires 3.5% down payment

Effective October 1st, 2008: FHA down payment assistance went away!

An Illinois no money down mortgage loan is an excellent choice for a home buyer, who may not have enough money for the standard 20% down payment.

Visit our Illinois no money down mortgage page for additional Chicago, Illinois no down payment mortgage program requirements.

Visit our Illinois FHA, VA or Rural Housing page of our site for additional up to date program information.

Visit our Illinois First Time Home Buyer page to view all Illinois mortgage programs available for the first time homeowner.

Dennis Hardy
Toll Free: (877) 240-5810 x104
dennis.hardy@madisonmortgageguys.com
www.Madisonmortgageguys.com

Visit my blog at http://www.madisonmortgageguys.com/blog/

Recent Chicago no down payment blog posts:

http://www.madisonmortgageguys.com/blog/content/illinois-and-wisconsin-no-money-down-100-mortgage-loans/

http://www.madisonmortgageguys.com/blog/content/illinois-no-money-down-mortgage-wisconsin-no-money-down-mortgage-loans/

http://www.madisonmortgageguys.com/blog/content/illinois-no-money-down-first-time-home-buyer-loans-fha-va-and-rural-housing/

http://www.madisonmortgageguys.com/blog/content/how-to-get-a-no-money-down-fha-loan-in-wisconsin-and-illinois/

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