Did you know there's a program that helps you eliminate student loan debt and buy your dream home?
It's called Smart Buy, and it is transforming homeownership for student loan borrowers in Illinois. Here's what makes it so powerful:
- $40,000 Forgivable Grant:
Covers up to $40k in student loans, forgiven after three years. - $5,000 Down Payment Assistance:
Additional funds to help with closing costs or down payment (repayable if they move, refinance, or sell). - Minimal Requirements:
- A 640 credit score
- Debt-to-income ratio under 50%
All student loans must be paid off at closing, so you may need to bring cash or use gift funds to cover any gap if you owe more than $40,000.
Don't let student loans stand in the way of homeownership. Get in touch today to learn more!
