low income housing information?

Question

I would like to know the qualifications to get into low income housing, for Illinois. I already looks on HUD but I didnt find anything. I would like to know pretty much, how much I'd have to pay, credit checks, all the info and facts.

Answer 1

As hot as you are you need this info?? Sad.. A GOOD man would fix that for you..

Answer 2

Ok.

1. Go to your bank or credit union. They have a good interest in "prequalifying you for a mortgage", and they have an interest in keeping you happy. They could charge you to do a credit report check.
You are allowed to get your own credit report check once a year, and you can get the information on the online agencies - experian, equifax and transamerica - you may google them or yahoo search.

2. If you want to buy a home FHA, the seller must agree to sell to you with that stipulation.
The FHA has their own inspection team - to protect you, not the seller.
The home must pass when you apply for the mortgage, and again a quick inspection (to make sure there's no change from the first approval) right before closing.

3. The FHA loan has the lowest down payment required.

4. You may do all of this before you ever find a home, and don't forget the best home has location, location, location.

GOD bless us one and all, always
CPA-retired
MBA-Boston Univ.
I sold real estate working my way through college.

Answer 3

Housing for fifty 5 and over is only only that. no longer low income housing. you could persist with for section 8 Housing it truly is executed regionally by the federal authorities. You pay in accordance to what you're making and the authorities will pay some thing. relying on the section you stay in is how a lot they're going to pay for a a million or 2 or 3 mattress room house. massive apple is larger than Missouri for instance. Landlords also like section 8 because it truly is sturdy. I took it for decades. i'd bypass to the city Clerk or call the city clerks workplace to confirm which crew administers it on your city. In Kingston massive apple a Non for income administered it.