Finally Home

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Finally Home is a program that helps Illinois residents purchase or refinance a home, as well as helps prevent their existing home from going into foreclosure. This program is suitable for residents who have difficulty qualifying for conventional, sustainable mortgages because of factors such as bruised credit or a high debt-to-income ratio. Since its establishment in 2002, it has guaranteed over $80 million in loans to more than 600 families.

Eligible financial institutions partner with the State Treasurer’s office who guarantee 10% of the purchase price for a five year period on a fair rate home loan. The program focuses on lower to middle income families trying to buy or refinance a home, but are unable due to circumstances “but for” the 10% guarantee to the financial institution. Read the Finally Home for Borrowers brochure for more information.


If you have any questions or need more information, click here or call (866) 458-7327.

 If you represent a lending institution, please review the documents below:


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