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Normal, IL, USA / www.cities929.com Apr 23, 2021 11:41 AM (The Center Square) – The Illinois Housing Development Authority has launched SmartBuy, a $25 million dollar state program to allow qualified homebuyers to get a mortgage and have up to $40,000 in student debt wiped out at the same time. Unlike other mortgage programs, the student loan is forgiven, and not wrapped into the home mortgage loan. Lender Jason Accola with Wintrust Mortgage said the program is a “home run” for buyers. “This is a great way for someone to be able to get out of their student loans,” Accola said. One recent buyer that Accola worked with found a $250,000 house and has $36,000 in student debt which he is paying off at $291 a month on a 20-year loan. Under the SmartBuy program, the debt will be forgiven if he lives in the home as his primary residence for three years. ....
Steve Daines: Outrageous States Handing Illegal Aliens Cash While Millions Unemployed Sen. Steve Daines (R-MT) said in a statement Monday that it is outrageous that states continue to hand illegal immigrants cash payments while millions of Americans are unemployed; he said he will introduce legislation to address this concern. Daines announced he will soon introduce legislation to stop federal taxpayer dollars from going to states that make direct or indirect payments to illegal immigrants. Daines announced the legislation after news reports found that New York created a $2.1 billion fund to provide illegal immigrants payments, which could then be covered by the Democrats $1.9 trillion coronavirus package. ....
Illinois is paying off $25 million in student loans to encourage homeownership, and that's drawing buyers to the state msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Illinois is paying off in student loans to encourage homeownership nationalmortgagenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalmortgagenews.com Daily Mail and Mail on Sunday newspapers.