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Veteran home loans
Wed February 12, 2014
Officials Promote Veterans Home Loan Program
As veterans return to civilian life in Illinois, the state provides loans to those having trouble affording a home. Officials were in Springfield Wednesday, touting that program.
Navy veteran Jonas Harger welcomed Governor Pat Quinn into his Springfield home Wednesday. He says he couldn't have bought it without the help of the state's "Welcome Home Heroes" program.
Harger's military service qualified him for a $10,000 loan for his down payment, plus an affordable mortgage plan. Harger works as a prosecutor, and says he and his wife were struggling to find a house they could afford.
"I'm a public servant and people assume just because you're an attorney you make a lot of money," he said. "No, I do my job to serve the people of Sangamon County, and unfortunately, I don't have enough money to generate a down payment on a house as comfortable as this house."
Since 2011, the program has granted home loans to more than 11-hundred veterans and active military personnel in Illinois. Officials hope at least 500 more military families will participate this year.