IHDA Interest Rates

IHDA is designed to help first time home buyers achieve their dreams of owning a home without the stress of saving for a down payment and closing costs. Unlike like some government backed loans, IHDA is available for any area you are looking to purchase in Illinois. Give us a call at (800) 315-9416 to discuss the current IHDA interest rates with one of our loan specialists. These rates are subject to change, so be sure to check back with us regularly for any updates.

IHDA Competitive Rates in Illinois

Why choose IHDA for you down payment assistance needs?

IHDA offers several advantages for Illinois residents seeking affordable housing solutions, including down payment assistance programs:


Competitive Interest Rates.

Flexible Eligibility.

Homebuyer Education.

Options for Low to Moderate-Income Households.


  • Competitive Interest Rates: IHDA offers some of the most competitive interest rates in the market, ensuring you get the best deal possible on your mortgage.

  • Flexible Eligibility: IHDA caters to a diverse range of homebuyers, including first-time buyers and those who haven’t owned a home in three years, as well as veterans and repeat buyers.

  • Homebuyer Education: IHDA provides access to resources and guidance to become a knowledgeable and confident homebuyer.

  • Options for Low to Moderate-Income Households: IHDA is designed to assist a wide range of income levels, making homeownership achievable for many Illinois residents.


USA Mortgage Advantage

Full-service mortgage lender serving state of Illinois.

Underwriting, processing and funding in the house.

Accepts lower credit scores compared to many other lenders.

Fast turn times on approval and funding.


Own Your Dream Home with IHDA Financing

Ready to take the next step? Find out how to apply for IHDA financing and start your journey towards affordable homeownership. Have questions or need assistance? Contact our loan experts today to get started.

Rates are subject to credit approval and market conditions. APR includes additional costs associated with the loan.