Grant Programs (Down Payment Assistance)

Why Are Thousands of Illinois Home Buyers Choosing THIS Grant


WithIn Reach Grant:

Grant Funds available, either 3% or 4% of the First Mortgage Loan amount.
Grant funds may be used for down payment and/or closing costs. There must be no cash back to the borrower
from the Grant proceeds. No funds may go to the borrower at closing other than the initial escrow deposit.

A borrower must meet the following requirements:
• Occupy the residence as their primary residence.
• Non-occupant co-borrowers/cosigners are not allowed.
• Within ReachTM products are ineligible in the state of Washington.
• Income limit is 140% of Area Median Income (AMI) or maximum allowable by FHA. Limit is based on
qualifying income used for the transaction, not household income

This product is designed for the borrower that has achieved financial stability as demonstrated by the file
documenting that they have met the responsibilities associated with taking the next step to home
ownership such as stability of employment and income, managing their finances and savings to a budget
that exhibits responsible repayment patterns and a satisfactory credit history. The down payment
assistance program is intended to help these families or individual that have been unable to save a
sufficient amount for a down payment and do not have any other resources available for down payment

Regulatory Information: Nationwide Multistate Licensing System's Consumer Access Website" (, Premier Financial Services, Inc. NMLS #266214. The State of Illinois | Division of Banking located at 100 W Randolph St, Chicago, IL 60601 (312) 814-4500 | NMLS # 266214 Dan Frio NMLS 246527