City of Aurora Program Highlights
City of Aurora, Illinois Assist | At-A-Glance
City of Aurora, Illinois, Assist | At-A-Glance
| AVAILABLE PROGRAMS | Assist Homeownership Program |
| QUESTIONS | Questions |
| ELLIGIBLE AREA | Eligible Area |
| ELIGIBLE BORROWER(S) | No first-time buyer requirement |
| RATES | See Chart |
| DPA AVAILABLE | See Chart |
| LOAN TYPE | See Chart |
| INCOME LIMITS | Income Limits |
| PURCHASE LIMITS | Purchase Price Limits |
| TIMELINE REQUIREMENTS | 70 days from Reservation to Loan Purchase. Underwriter Certification within 15 days of reservation. |
| HOMEBUYER EDUCATION | Homebuyer Education |
| CO-SIGNORS | Not permitted. |
| PROGRAM GUIDELINES | Guidelines |
| PARTICIPATING LENDERS | Participating Lenders |
Today’s Rates & Offerings [ Business Days 9:00am – 9:00pm CT ]
City of Aurora, Illinois, Assist | Rates & Offerings
| FREDDIE MAC 80% AMI & OVER 80% AMI | |||||
| Offering | FICO | DPA | Lock Rate | ||
| Freddie Mac 80% AMI | 640 | 0% | 7.125% | ||
| 3% | n/a | ||||
| 4% | n/a | ||||
| Freddie Mac OVER 80% AMI | 640 | 1% | n/a | ||
| 2% | n/a | ||||
| 3% | n/a | ||||