Get smart about SmartMove

If you are a first-time buyer, a veteran or are looking to buy a home in designated target areas of Illinois, you may qualify for SmartMove, a mortgage and down payment/closing cost assistance program from the Illinois Housing Development Authority (IHDA).

SmartMove offers mortgage loans with affordable rates and up to $6,000 for down payment and closing costs assistance as a 10-year zero percent forgivable loan to qualifying borrowers. Learn more about SmartMove in this video and find additional details about program qualifications at www.ihda.org.  Have a specific question about SmartMove? Send them to smartmoveinfo@ihda.org.

2012-01-12T12:28:23+00:00 January 12th, 2012|Uncategorized, Housing Market|2 Comments

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  1. Kim March 28, 2012 at 10:26 am

    According to US Bank who is the servicer of these loans, they were told today that the 5% is no longer available which is news to them and they have received nothign to state the change. Even IHDA’s site still states 5% is available. However the person at IHDA told my LO from US Bank, that that is “outdated information”.

  2. Kim March 28, 2012 at 10:26 am

    According to US Bank who is the servicer of these loans, they were told today that the 5% is no longer available which is news to them and they have received nothign to state the change. Even IHDA’s site still states 5% is available. However the person at IHDA told my LO from US Bank, that that is “outdated information”.