Finally Home Program Power Point - Slide 1

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					ILLINOIS STATE TREASURER
    ALEXI GIANNOULIAS




                           Realtors
Illinois State Treasurer’s
Finally Home Program
_______________________________________________________________


 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
Illinois State Treasurer’s
Finally Home Program
_______________________________________________________________


   Program History:
   • How the program was created
   • Achievements



   Uses:
   • Purchase
   • Refinance
   • Criteria



                                                           Realtors
Illinois State Treasurer’s
Finally Home Program
_______________________________________________________________


  Eligibility Criteria:
  • Property Types
  • Loan Limits
  • Income Limits
  • Example




                                                           Realtors
Illinois State Treasurer’s
Finally Home Program
____________________________________________________________________________________________________________________________________________




  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
                 The Finally Home Program helps homeowners secure
                 sustainable mortgages and offers an alternative to
                 predatory loans that can lead to foreclosure.




For more information:
Website: www.treasurer.il.gov
Phone: 1-312-814-1700
Email: finallyhome@treasurer.state.il.us




    ALEXI GIANNOULIAS
    ___________________________
    Office of the Illinois State Treasurer

                                                              Realtors

				
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