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If you have been impacted by a natural disaster, please call us at 866-718-7899 or email us at loanservicing@wintrust.com. You may also contact FEMA at 800-621-3362 or www.fema.gov.
If you recently received your Escrow Analysis and have questions, please email us at escrowhelp@wintrust.com.
If you recently received your Escrow Analysis and have questions, please email us at escrowhelp@wintrust.com.
MAKE YOUR DREAM OF HOMEOWNERSHIP A REALITY
MAKE YOUR DREAM OF HOMEOWNERSHIP A REALITY
MAKE YOUR DREAM OF HOMEOWNERSHIP A REALITY
Home buying is a journey, but it doesn’t have to be overwhelming. Whether you’re a first time buyer or an experienced homeowner, you can feel confident that our seasoned team will seamlessly get you over the finish line and into your new home. And with a variety of loan programs to meet a variety of needs, you’ll be sure to find a solution that aligns with your financial goals.
Your new home is within reach. Start your digital mortgage application today!
Down Payment Assistance Programs & Buyer Incentives
ILLINOIS HOUSING DEVELOPMENT AUTHORITY (IHDA)**
IHDA offers several program incentives available to both first time and repeat borrowers throughout all of Illinois. Coupled with FHA, Conventional, VA and USDA loan programs, borrowers can receive up to $10,000 in assistance with a minimal investment of their own funds.
* Minimum 640 credit score
* Minimum borrower contribution the greater of $1,000 or 1% of the purchase price
* Borrower income limit of $132,360 annually (Cook, DuPage, Kane, Lake, McHenry, McLean and Will counties), $123,960 annually in Grundy County, $136,920 annually in Kendall County, and $122,280 in all other counties
* Purchase price limit of $581,176 for 1 unit property and $716,111 for a 2 unit property (all counties)
* Available across all of Illinois
CITY OF CHICAGO TAXSMART MORTGAGE CREDIT CERTIFICATE (MCC)***
Available in the city limits of Chicago, qualifying borrowers will receive an income tax credit of 25% of the annual mortgage interest paid, up to $2,000 a year for the life of the loan. TaxSmart cannot be coupled with IHDA loan programs.
Meet the Team
Dan Pagano
AVP - Sales Manager, Sr. Loan Officer
NMLS #435798
Marta Bitner
Senior Loan Coordinator
NMLS #583935
Ready to Make Your Dream a Reality?
We’re here to help you every step of the way. To apply for any of the programs listed above, simply click the button below to start our fast and easy-to-use online application process or call us at 708-214-7797.
** Three available IHDA products: (1) 4% of purchase price (up to $6,000), forgiven monthly over 10 years. Borrower responsible for repaying remaining balance if sold or refinanced before 10 years. (2) 5% of purchase price (up to $7.500), repaid with 0% interest, due at maturity date, or when loan is paid in full, refinanced or property is sold. (3) 10% of purchase price (up to $10,000), repaid with 0% with monthly payments of $83.33 per month, over 10 years. If home is sold or refinanced within 10. Years, remaining balance to be paid in full. Borrower investment must be the greater of 1% or $1,000 of purchase. This forgivable second is required to be used in conjunction, with an IHDA 30-year fixed rate 1st mortgage. Property must be an Illinois primary residence. Homeownership education completion required. Income and purchase price limits apply. Program requirements subject to change without notice. *** The City of Chicago TaxSmart MCC is available only to first time homebuyers or for consumers buying a home in an economically troubled census tract known as a Target Area. Please consult with your tax advisor. Nothing in this communication is intended to constitute legal or tax advice.
