Buying your first home in Cook County, Illinois is more achievable than you might think — especially with the down payment assistance programs available to South Suburban homebuyers. Andrews Developments new construction homes in Robbins, IL are eligible for many of these programs.
IHDA Mortgage: Illinois Housing Development Authority
The IHDA offers multiple down payment assistance options for Illinois first-time buyers:
– Access Forgivable: Up to $6,000 forgivable over 10 years
– Access Deferred: Up to $7,500 interest-free, deferred until sale/refinance
– Access Repayable: Up to $10,000 at 0% interest over 10 years
These programs work with FHA, conventional, and VA loans — and they apply to new construction homes in Robbins, IL (zip 60472).
Cook County Land Bank
The Cook County Land Bank Authority (CCLBA) works to return vacant and distressed properties to productive use. While Andrews Developments builds new construction, CCLBA partnerships in Robbins support the broader neighborhood revitalization that makes your investment stronger over time.
FHA Loans: Lower Down Payments for New Construction
FHA loans require as little as 3.5% down for buyers with a 580+ credit score. On an Andrews Developments home starting at $189K, that’s as little as $6,615 down. With IHDA layered on top, many buyers close with very little out-of-pocket.
USDA Rural Development Loans
Parts of the South Suburbs may qualify for USDA 0% down financing. Ask your lender about USDA eligibility for properties in Robbins and nearby communities.
Ready to explore your options? Contact Andrews Developments — we’ll connect you with our preferred lending partners who specialize in South Suburban Cook County financing.