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If you are a resident of Illinois, you should know about the wonderful down payment assistance programs available through IHDA (Illinois Housing Development Authority). General qualification criteria:
Income: < or = $130,000
Credit score: 640+
Purchase price: < or = $550,000
Wisconsin also offers a DPA (down payment assistance program) through WHEDA with different qualifying parameters.
Call me to discuss and obtain a referral to an experienced lender in this space.

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