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Marquette Bank Participates in "Welcome Home Heroes Finance" Package to help Military Families
Neighborhood bank works with Illinois Housing Development Authority to offer $10,000 in down-payment assistance for veterans
Orland Park, IL (January 20, 2012) – Marquette Bank, a locally-owned neighborhood bank, is proud to announce its participation in the Illinois Housing Development Authority’s (IHDA) “Welcome Home Heroes” finance package, offering a $10,000 grant in down payment and closing cost assistance for members of the military. This program was launched mid-December and represents a special commitment to veterans and those men and women who recently served in Iraq and Afghanistan, safeguarding our freedom.
“Marquette Bank is excited to offer the Welcome Home Heroes Finance grant program to Illinois veterans and military families,” said Manuel Jimenez, Vice President of Community Reinvestment. “The Bank is committed to always finding the best options for homebuyers and we work with Illinois Housing Development Authority on a number of affordable housing initiatives.”
The program is available to active military, reservists and National Guards purchasing their first home. Veterans are also eligible for the program but do not need to be first-time homebuyers. The $10,000 in down payment and closing cost assistance grant is available on many types of home loans including: VA, FHA, USDA and Conventional mortgages.
Marquette Bank is one of Chicagoland’s largest home finance and mortgage lenders among local neighborhood banks. The Bank’s Mortgage Specialists are available evenings and weekends and will meet with homebuyers at their home, workplace or at any of the 24 Marquette Bank locations. Additional down payment and closing cost assistance of up to $4,000 is also available through the Marquette Bank Affordable Housing Foundation for eligible homebuyers based on annual salary and certain zip codes.
For more information on the “Welcome Home Heroes” finance grant package of $10,000 from the IDHA or the up to $4,000 grant from the Marquette Bank Affordable Housing Foundation, contact Marquette Bank at 1-708-364-2525.
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