Lender Assistance Programs in Illinois for Homebuyers

America's Home Grant: up to $7,500 lender credit for closing costs or rate buydown (no repayment); Down Payment Grant: up to 3% (max $10,000)

Fifth Third Down Payment Assistance Program: get up to $3,295 toward down payment or closing costs (varies by loan type) with no repayment required.

PNC home loan grants: Low-Income Grant: $2,500; Low-to-Moderate Income Grant: $3,000-$5,000; PNC Grant: $5,000-$15,000 toward down payment or closing costs. (May qualify for additional 1% interest-rate reduction.)

Homebuyer Access® Grant: $10,000 toward down payment (no repayment); Dream. Plan. Home.® Closing Cost Credit: up to $5,000 for closing costs. (Eligibility based on borrower income and property location.)

Chase Homebuyer Grant: $2,500 or $5,000 grant (depending on location) applied first to lower your interest rate, then lender and third-party fees, then down payment. (Available with Chase mortgages in eligible areas.)

ONB Down Payment Assistance Program (with Fannie Mae HomeReady or Home Manager loans): up to 3% of purchase price (max $10,000) toward down payment; up to $15,000 in certain designated communities.

Welcome Home Grant Program: up to $13,000 for down payment and closing costs for eligible homebuyers in select communities. (Funds can be combined with other assistance programs.)

Access Home Loan: for qualified borrowers in Chicago-area (certain census tracts). Provides assistance funds up to $8,000 or 3% of purchase price (max $12,500) toward down payment or closing costs, plus up to a $5,000 lender credit for rate buydown or closing costs

Access Forgivable

Forgivable down payment assistance loan. No repayment unless sold or refinanced before the 10-year forgiveness period ends.

Access Deferred

Deferred down payment assistance loan. Payment is due when you sell or refinance.

Access Repayable

Zero interest repayable down payment assistance loan. Monthly payment is required.