Secure your Down Payment
Buying a home can be an exciting but also intimidating process. At PRMI, we strive to make the process as streamlined as possible so you can achieve your goal of homeownership!
Gil Kerkbashian and his 25 plus years of experience will be with you every step of the way, through the entire home purchase process.
With Down Payment assistance, we also ensure that you can afford the home you buy. Our programs offer safe, fixed interest loans at affordable rates. No adjustable rates and no prepayment penalties.
Qualified homebuyers can receive down payment and closing cost assistance.
Across Illinois nearly 10% of all first-time homebuyers utilize Down Payment Assistance products to help with the additional leverage needed to bridge the gap of homeownership.
PRMI and Gil Kerkbashian are helping to expand homeownership in your community.
What are the requirements?:
-Full time, stable employment with income that comfortably supports your current debt and the future house payment.
-Good credit without any derogatory occurrences within the last 24 months. No recent bankruptcy or foreclosure. Minimum score required is 640 but the higher the better.
-1% of the purchase price in savings.
-Occupy the home as your primary residence without ownership of any other real estate whatsoever. Selling your current home to buy a new one is ok.
-Meet income requirements for the county you will reside in.
If you are confident you meet the above basic requirements and would like to learn more, please complete the below information request and someone will contact you soon.