First-time home buyers may soon get some help with their down payment from the state of Illinois. Called the Home Start Program, the plan would allow a first-time home buyer to use up to $6,000 of the $8,000 federal tax credit, which was approved earlier this year, for a down payment on a house. The deal is only available with Federal Housing Administration loans, and borrowers need a credit score of 660 or above.
@ Peoria Journal Star | Posted: 07/21/09 at 0400 EDST
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