Chicago Public School Teachers Purchasing a Home

If you are a Chicago Public School Employee and You?re ready to acquire a home of your own, luckily, there?s a first time home buyer program perfectly suited for Chicago Public School’s employees that provides enviable incentives and a desirable APR (Annual Percentage Rate). When you?ve got your eyes on the prize of home ownership, you want to survey the most beneficial options: as a CPS teacher, you may be eligible for much lower rates than you think.

How to Participate

To participate in this home buying incentive only made available to Chicago Public Schools employees, schedule a first time home buyer seminar with the Rogers Park Community Development Corporation (RPCDC)?s very own homeownership consultant, who can provide the education certificate needed for the CPS mortgage securing process. They can be reached at 773-338-7732, extension 28.

The following is what you need to complete your application with RCPDC, at least ten days before closing on your home:

RPCDC Check List

• CPS program application

• Home buyer education class certificate

• Sales contract for your new home

• Loan application and mortgage approval letter

• Copy of most recent tax return and W2

• Copy of last two paycheck stubs

• Closing request form

• Title commitment with wiring instructions

Go to the closing and receive your CPS Teacher Home Buyer Assistance in no time.

We would like to thank DaytonOhioRealtor for kindly sharing today?s photo via the Creative Commons License.