Get money toward your student loans when you buy a home in Illinois


ST. LOUIS – The Illinois Housing Development Authority is encouraging people to buy homes by paying off their student loans.

The Post-Dispatch reported it’s all part of the Smart Buy program which launched in December. The program will pay off up to $40,000 dollars in student loans or a loan amount equal to 15 percent of the home purchase price, whichever is lower.

It will also provide a $5,000 loan toward a down payment or closing costs. The money is expected to serve up to 1,000 homebuyers.

Business News

More Business News

Political News

More Political News

Technology News

More Technology News

Science News

More Science News

Entertainment News

More Entertainment News

Odd News

More Odd News
More Home Page Top Stories