Finance

Rural Development

This offers 3 Programs:

Direct Loan: Where upon qualifying, R.D. subsidizes (pays a portion of your Payment).

Leverage Loan: Where upon qualifying,  R.D. pays a portion of your payment and the balance is paid through bank lowering payments.

Guaranteed Loan: This is straight payments but it allows the buyer to obtain a home with very little cash outlay.

Family Size 1 2 3 4 5 6
Livingston Cty  $ 86,317 Treasurer’s Office 42306 /7214 Assessments
V Low $19450 $22250 $25000 $27800 $30000 $32250
Low $31150 $35600 $40050 $44500 $48050 $51600
Moderate $36650 $41100 $45550 $50000 $53550 $57100
Guaranteed $45600 $52100 $58600 $65100 $70350 $75550
Maximum Guaranteed Loan: $121296

P.I.C

Partners In Charity:

Partners In Charity, a non-profit corporation, will provide qualified home buyers with 1 to 10 % of the sales price of a property, to be used for down payment and closing costs…and those buyers can move in with as little as zero total cash! There is:

  • No repayment of the gift
  • No Income or asset limit
  • No target area restriction
  • No first time buyer requirement

Call us today to check your eligibility at 815-844-6771

Or Download the form HERE and fax it to us at 815-842-6771

Panno Realty
405 West Madison Pontiac, IL 61764 US
Phone: 815-844-6771 Website: http://www.pannorealty.com
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