Illinois Access Home

Illinois Housing Development Authority offers Access Home to first-time buyers in Illinois: up to 6% of the price, at most $15,000, as a deferred loan.

Amount: Up to 6% of the price, at most $15,000
Kind of help: Deferred loan
First-time buyers only: Yes, with exceptions
Credit score: 640 or higher

How is Illinois Access Home paid back?

Deferred loan: 0% loan, repaid when you sell, refinance, or pay off your mortgage.

A deferred loan costs nothing each month, but the whole amount is due when you sell, refinance or pay off the first mortgage.

Who qualifies for Illinois Access Home?

AccessHome has income and purchase price limits.
First-time buyers only: yes, with exceptions.
A credit score of 640 or higher.
A homebuyer education course before you buy.
It comes with an IHDA 30-year fixed-rate FHA, VA, USDA, FNMA HFA Preferred or FHLMC HFA Advantage loan.

The exact income limit for your county and household size is on the agency's income chart. Our HUD income limits lookup shows your area's median income.

How to apply for Illinois Access Home

Illinois Housing Development Authority pays this help out through its approved lenders, so you apply with one of them, together with your home loan.
The lender checks your income, credit and the home against the program's rules and reserves the money for you.
The help is paid at closing, toward your down payment and closing costs.

Read the full rules and whether it is taking applications on Illinois Housing Development Authority's page for Access Home, or pick a lender from the agency's list of participating lenders.

Ask a lender about Illinois Access Home

Tell us where you're buying and a lender that works with Illinois's programs can tell you whether Illinois Access Home fits you, and what you could combine with it.

Call 866-602-7460

Rather not call? Send your details and the lender will reach you.

Other first-time buyer programs in Illinois

Illinois Access Forgivable: up to 4% of the price, at most $6,000, forgivable loan.
Illinois Access Deferred: up to 5% of the price, at most $7,500, deferred loan.
Illinois Access Repayable: up to 10% of the price, at most $10,000, repayable loan.
Illinois Opening Doors (Abriendo Puertas): up to $6,000, forgivable loan.

All Illinois first-time home buyer programs · Down payment assistance in every state