Please enter your username and password below.
Marquette Bank Supports Affordable Housing Month in Illinois
Neighborhood Bank celebrates Illinois Affordable Month during March
Orland Park, IL (March 1, 2012) –– Marquette Bank, a locally-owned neighborhood bank, is participating in Illinois Affordable Housing Month, during March, which was created by Housing Action Illinois. Affordable Housing Month seeks to raise awareness about housing issues in the state. Housing Action Illinois is a coalition of nonprofit organizations, individuals and corporations throughout the state, who care about and believe in the importance of decent, affordable, accessible housing in Illinois for low-and moderate-income households.
Governor Pat Quinn has proclaimed March 2012 as Illinois Affordable Housing Month and urges"the talents of grassroots organizations, non-profit housing professionals, financial institutions, elected officials and government must be combined to address the immense challenge ofensuring that every person in Illinois has access to affordable housing." Marquette Bank is celebrating Illinois Affordable Housing Month by raising awareness of the various grant programs available to home buyers through the Bank and by hosting home financing educational ppportunities. The Bank started the Marquette Bank Affordable Housing Foundation in 2007 and works with various organizations and government agencies on housing issues in Chicago.
“As a neighborhood bank, we are the affordable banking choice for many low-and moderate income households,” said Manuel Jimenez, Vice President of Community Reinvestment.“We bring that same philosophy to the lending side, making home financing affordable while also looking for community partners and projects to increase the availability of affordable housing in the areas Marquette Bank serves.”
Marquette Bank offers various home finance grant programs for qualifying individuals that help cover the down payment or closing costs. Some of the most popular include:
Grants are offered based on certain qualifying factors including: income, military status, if it’s the buyer’s first home or whether the property is in a low-and moderate-income area. Qualifying individuals may also be required to attend a special education session.
In honor of Illinois Affordable Housing Month, the Bank is also offering home financing educational sessions in two different formats. A Free Mortgage Seminar in Oak Forest, co-hosted by the ‘Marquette Club’ – the Bank’s senior club, will focus on mortgages, refinancing and home equity with a special emphasis on options for seniors. Marquette Bank will also offer a two-part Free Home Buyer Education Class geared toward new home buyers where participants earn a Home Buyer Education Certificate and learn the entire home buying process. The following educational sessions are open to the public and are free to attend:
Free Mortgage Seminar
Saturday, March 24, 2012
Time: 10 a.m.
Marquette Bank - Oak Forest
5700 W. 159th Street
Oak Forest, IL 60452
To register: 708-342-8404
Free Home Buyer Education Class
Saturday, March 24 & 31, 2012
Time: 9 a.m. to 1 p.m.
Chicago – Western Branch
6316 S. Western Ave.,
Chicago, IL 60636
To register: 773-918-4568
Community Lending Specialists are also available to perform free home financing workshops for local senior clubs, neighborhood churches or community groups. Personal appointments are available for home buyers who want to understand exactly how much they can afford to spend on a home. Individual appointments are also available for home owners looking to refinance and seeking more affordable loan options. The Bank regularly hosts free home financing classes, seminars and workshops throughout the year.
If you are interested in learning more about Illinois Affordable Housing Month or looking for home affordability resources, visit the Housing Action Illinois website: www.housingactionil.org. For more information on home buyer grants or Marquette Bank’s home financing activities, please call 1-773-918-7256.