Smartbuy Program: Say Goodbye to Student Loans and Hello to Your New Home

Are student loans standing in the way of your dream home? The SmartBuy Program is here to help Illinois residents tackle student loan debt and achieve homeownership. Whether you’re a first-time buyer or upgrading to your next home, this program offers a unique opportunity to eliminate financial burdens and secure a brighter future.

How SmartBuy Changes the Game

The SmartBuy Program is a win-win solution for homebuyers with student debt. Here’s how it works:

• $5,000 for Down Payment or Closing Costs: Reduce upfront costs and make your home purchase more affordable.
• Up to $40,000 in Student Loan Forgiveness: The program wipes out your student loan balance, up to $40,000, freeing you from monthly payments.
• DACA Recipients Welcome: Dreamers are eligible, making this an inclusive opportunity for a wide range of buyers.
• New Construction Eligible: Buying a brand-new home? No problem—SmartBuy has you covered.

Who Can Qualify for SmartBuy?

To take advantage of this opportunity, you must meet a few key requirements:

• Have at least $1,000 in student loan debt.
• Be ready to pay off your student loan balance in full at closing (up to $40,000 is covered by the program).
• Contribute the greater of $1,000 or 1% of the purchase price toward your home.
• Maintain a minimum credit score of 640.
• Use the home as your primary residence and complete homeownership education before closing.

Student Loan Relief That Works for You

The student loan forgiveness offered by SmartBuy is truly unique. Up to $40,000 of your student debt is forgiven over three years. Each month, 1/36th of the forgiven amount is cleared, helping you build financial freedom. If you sell your home within the first three years, you’ll repay the remaining balance, but the assistance can give you a solid foundation to start building wealth.

Why Choose SmartBuy?

The SmartBuy Program doesn’t just help you buy a home—it transforms your financial future. By eliminating student loans and reducing upfront costs, it provides the flexibility and relief you need to make homeownership possible. Plus, it’s backed by the State of Illinois and administered by trusted lenders like us, so you know you’re in good hands.

Ready to Take the First Step?

The SmartBuy Program is your chance to turn student debt into an opportunity for homeownership. With benefits like loan forgiveness, down payment assistance, and affordable loan options, this program is too good to pass up.

If you’re ready to see if you qualify, contact us today. We’ll guide you through the process and help you take the first step toward financial freedom and owning your dream home.