@HomeIllinois - First Time Buyer

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Congratulations on the decision to buy your first home.  With interest rates at historical lows and rents at an all-time high, there’s no better time to buy a home than now.



The @HomeIllinois mortgage is a safe, 30-year, fixed rate mortgage.  That means your interest rate will never change.  Are you concerned about saving for the down payment?  With @HomeIllinois, the buyer contribution is $1,000 or 1 percent of the purchase price, whichever is greater.  So for as little as $1,000 out of pocket, you can get into your first home.


@HomeIllinois is a 30-year fixed rate mortgage with a variety of options to choose from.  The options you choose will determine the interest rate for your loan. 

Options Include:

  • $5,000 down payment or closing cost assistance
  • Federal tax credit certificate
  • Lender paid mortgage insurance
  • Choice of FHA, VA, USDA or Conventional loan type


  • Contribute $1,000 or 1% of the purchase price, whichever is greater
  • Meet the income and purchase price limits
  • Meet the credit requirement
  • Live in the home as your primary residence
  • Complete homeownership counseling (online and in-person options available)

@HomeIllinois Repeat Buyer

@HomeIllinois Refinance


Ready to get started? Contact the First Northern Mortgage Team and they will guide you through the quick and easy process!

(888) 328-8677, extension 505 | mortgagegroup@fncu.org


Have additional questions?  Visit the FAQ page of the @HomeIllinois website.