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Updated over 6 years ago on . Most recent reply

User Stats

14
Posts
4
Votes
Kiara Washington
  • Rental Property Investor
  • Chicago, IL
4
Votes |
14
Posts

First time homeowners grant for a multi unit?

Kiara Washington
  • Rental Property Investor
  • Chicago, IL
Posted
Hi! I’m finally getting started with a multi unit. Decided that a buy and hold would be best for me right now. Was wondering if I’ll be able to use a grant for down payment assistance with a 4 unit. I know the idha has one but that’s only for a duplex.

Most Popular Reply

User Stats

2,372
Posts
746
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Harjeet Bhatti
  • Lender
  • Glenview IL- CDLP NMLS#230554
746
Votes |
2,372
Posts
Harjeet Bhatti
  • Lender
  • Glenview IL- CDLP NMLS#230554
Replied

@Kiara Washington and @Joe Santiago I want to add something to this conversation. There are some programs which are offer by some banks which goes up to 100% ltv  on PR but rates will be higher and sometime beat the down payment assistance program.  Although we do not offer those programs.

  • Harjeet Bhatti
  • Loading replies...