FHA Loans (3.50% Minimum Down Payment Required!) 

An FHA (Federal Housing Administration) Loan is intended for low-medium income borrowers and first-time home buyers.  However, you are not required to be a first-time home buyer.  Below are the current 2009 Chicagoland FHA loan limits, along with a few highlights of the program:

 One Family  $365,700.00
 Two Family  $468,150.00
 Three Family  $565,900.00
 Four Family  $703,250.00

 

 

 

 

Click here to get pre-qualified for an FHA Loan Today!