Tuesday, April 17, 2012 - Article by: Brett Boyke - Wintrust -
We have a great program available for Illinois Veterans to take advantage of - today's rate as of 11/8 is 3.25% for a 100% 30 YR Fixed VA Loan with no mortgage inurance, and you get a $10,000 grant on top of it. You simply cannot get a better mortgage deal if you are a veteran. Here are some of the specifics;
Launched to honor those who sacrifice to safeguard our freedom, Welcome Home Heroes is open to all qualified Illinois veterans, active military personnel, reservists and Illinois National Guard members.
The Welcome Home Heroes homebuyer financing package includes:
o a $10,000 forgiveable loan over two years for down payment and closing cost assistance
o a 30-year fixed rate mortgage that has an affordable interest rate
o an optional mortgage credit certificate to reduce federal income tax liability.
Eligibility
o Veterans (who need not be first-time homebuyers)
o Active military personnel, reservists and Illinois National Guard members (must be first-time homebuyers)
o Buyers must qualify based on income and purchase price limits.
Please call me if you are interested in more details.
Brett Boyke
Wintrust Mortgage
773-983-5350
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