Title: Realtors
1ILLINOIS STATE TREASURERALEXI GIANNOULIAS
Realtors
2Illinois State Treasurers Finally Home
Program __________________________________________
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- About the program
- The Finally Home program helps borrowers with
blemished credit obtain a secure, affordable
loan. We partner with banks, credit unions, and
savings and loans throughout the State of
Illinois to ensure that consumers avoid predatory
lending practices that can lead to foreclosure. - Credit enhancement for borrower
- Risk reduction for financial institution
Realtors
3Illinois State Treasurers Finally Home
Program __________________________________________
_____________________
- Program History
- How the program was created
- Achievements
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- Uses
- Purchase
- Refinance
- Criteria
Realtors
4Illinois State Treasurers Finally Home
Program __________________________________________
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- Eligibility Criteria
- Property Types
- Loan Limits
- Income Limits
- Example
Realtors
5Illinois State Treasurers Finally Home
Program __________________________________________
__________________________________________________
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- Next Steps
- Application Process
- Demonstration
- Q and A
- Who is not eligible?
- Is my lender a participant?
- What is the turn around time?
- Other
Realtors
6The Finally Home Program helps homeowners secure
sustainable mortgages and offers an alternative
to predatory loans that can lead to foreclosure.
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- For more information
- Website www.treasurer.il.gov
- Phone 1-312-814-1700
- Email finallyhome_at_treasurer.state.il.us
ALEXI GIANNOULIAS ___________________________
Office of the Illinois State Treasurer
Realtors