See programs you qualify for
Get Matched Free →By Tyler Thompson · Licensed Real Estate Agent · Updated April 16, 2026
Homebuyer Programs in Woodridge, IL (2026)
Woodridge is a DuPage County suburb of Chicago (with a small portion in Will County) home to about 33,941 residents. With a median home price of roughly $384,000, it is one of the more accessible mid-priced markets in the western suburbs, making it a strong fit for first-time buyers using layered down payment assistance. Woodridge does not run its own city-level DPA, but buyers here can stack federal mortgage programs with Illinois Housing Development Authority (IHDA) assistance, DuPage County-level programs through HOME DuPage and the DuPage Housing Authority, and nonprofit support from Habitat for Humanity's DuPage and Chicago South Suburbs affiliate. Homebuyer counseling is available through HUD-approved agencies serving DuPage County.
State Programs in Illinois
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| FHLBank Chicago Downpayment Plus (DPP) | Grant | Up to $10,000 forgivable grant (lesser of $10,000 or 25% of the first mortgage amount) | No | View → |
| IHDA Access Deferred | Deferred Loan | — | Yes | View → |
| IHDA Access Forgivable | Forgivable Loan | — | Yes | View → |
| IHDA Access Repayable | Zero-Interest Loan | — | Yes | View → |
| IHDA Mortgage Credit Certificate (MCC) | Tax Credit | — | Yes | View → |
| IHDA SmartBuy | Forgivable Loan | — | Yes | View → |
| IHDAccess Home | Deferred Loan | — | Yes | View → |
| Opening Doors / Abriendo Puertas | Forgivable Loan | — | Yes | View → |
FHLBank Chicago Downpayment Plus (DPP)
- Type:
- Grant
- Amount:
- Up to $10,000 forgivable grant (lesser of $10,000 or 25% of the first mortgage amount)
- First-time only:
- No
IHDA Access Deferred
- Type:
- Deferred Loan
- First-time only:
- Yes
IHDA Access Forgivable
- Type:
- Forgivable Loan
- First-time only:
- Yes
IHDA Access Repayable
- Type:
- Zero-Interest Loan
- First-time only:
- Yes
IHDA Mortgage Credit Certificate (MCC)
- Type:
- Tax Credit
- First-time only:
- Yes
IHDA SmartBuy
- Type:
- Forgivable Loan
- First-time only:
- Yes
IHDAccess Home
- Type:
- Deferred Loan
- First-time only:
- Yes
Opening Doors / Abriendo Puertas
- Type:
- Forgivable Loan
- First-time only:
- Yes
Federal Programs
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| FHA Loans | Government-Insured Mortgage | Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026) | No | View → |
| Good Neighbor Next Door (HUD) | Government Property Sale Program | 50% discount off the list price of HUD-owned homes | Yes | View → |
| Home Possible Mortgage (Freddie Mac) | Government-Guaranteed Mortgage | Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment | No | View → |
| HomeReady Mortgage (Fannie Mae) | Government-Guaranteed Mortgage | Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment | No | View → |
| HUD $100 Down Program | FHA-Financed HUD REO Purchase | Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs. | No | View → |
| USDA Rural Development Loans | Government-Guaranteed Mortgage | 100% financing (no down payment required); loan amount up to appraised value | No | View → |
| VA Loans | Government-Guaranteed Mortgage | No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026) | No | View → |
FHA Loans
- Type:
- Government-Insured Mortgage
- Amount:
- Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)
- First-time only:
- No
Good Neighbor Next Door (HUD)
- Type:
- Government Property Sale Program
- Amount:
- 50% discount off the list price of HUD-owned homes
- First-time only:
- Yes
Home Possible Mortgage (Freddie Mac)
- Type:
- Government-Guaranteed Mortgage
- Amount:
- Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
- First-time only:
- No
HomeReady Mortgage (Fannie Mae)
- Type:
- Government-Guaranteed Mortgage
- Amount:
- Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
- First-time only:
- No
HUD $100 Down Program
- Type:
- FHA-Financed HUD REO Purchase
- Amount:
- Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.
- First-time only:
- No
USDA Rural Development Loans
- Type:
- Government-Guaranteed Mortgage
- Amount:
- 100% financing (no down payment required); loan amount up to appraised value
- First-time only:
- No
VA Loans
- Type:
- Government-Guaranteed Mortgage
- Amount:
- No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)
- First-time only:
- No
Nonprofit Programs
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| DuPage and Chicago South Suburbs Habitat for Humanity | Zero-Interest Loan | Below-market home with 0% interest Habitat mortgage | No | View → |
| DuPage Homestead Program | Silent Second Mortgage | Reduced-interest first mortgage plus an interest-free second mortgage | Yes | View → |
| DuPage Housing Authority Down Payment Assistance Program | Grant | Down payment assistance (program amount varies by household; initial funding pool of $100,000) | Yes | View → |
| HOME DuPage Housing Counseling | Grant | HUD-approved pre-purchase counseling, homebuyer education, financial coaching, and foreclosure prevention | No | View → |
DuPage and Chicago South Suburbs Habitat for Humanity
- Type:
- Zero-Interest Loan
- Amount:
- Below-market home with 0% interest Habitat mortgage
- First-time only:
- No
DuPage Homestead Program
- Type:
- Silent Second Mortgage
- Amount:
- Reduced-interest first mortgage plus an interest-free second mortgage
- First-time only:
- Yes
DuPage Housing Authority Down Payment Assistance Program
- Type:
- Grant
- Amount:
- Down payment assistance (program amount varies by household; initial funding pool of $100,000)
- First-time only:
- Yes
HOME DuPage Housing Counseling
- Type:
- Grant
- Amount:
- HUD-approved pre-purchase counseling, homebuyer education, financial coaching, and foreclosure prevention
- First-time only:
- No
How to Apply
- Assemble your team. Choose an Illinois-licensed lender experienced with IHDA and DuPage County-level DPA, and a real estate agent who works the I-355 corridor.
- Review your credit and income. Most programs require a 640 or higher credit score and income at or below 80 percent Area Median Income for the Chicago-Naperville-Elgin metro (higher for IHDA products).
- Get pre-approved. Your lender will confirm which first mortgage and DPA combinations you qualify for on Woodridge's price points.
- Complete homebuyer education. A HUD-approved 8-hour course is required for nearly all Illinois DPA programs. HOME DuPage provides this service.
- Layer your assistance. Consider IHDA Access, DuPage Housing Authority DPA (as funding permits), and the Illinois Hardest Hit program where available, plus federal FHA, VA, or USDA loans.
- Search within program limits. Confirm the property meets IHDA's purchase price caps and any county-level requirements before making an offer.
- Close and maintain records. Most Illinois DPA is forgivable over a 5 to 10 year occupancy period. Keep your closing package for the full forgiveness term.
Frequently Asked Questions
Does Woodridge have its own down payment assistance program?+−
Woodridge does not run a dedicated city-level DPA. Buyers layer federal programs, Illinois IHDA assistance, DuPage County-level programs (DuPage Housing Authority, HOME DuPage counseling), and nonprofit programs like Habitat for Humanity.
What is the median home price in Woodridge?+−
The median home price in Woodridge is approximately $384,000, which keeps it within reach of IHDA purchase price limits on many homes - a clear advantage over higher-priced DuPage submarkets.
Is Woodridge in DuPage County or Will County?+−
Most of Woodridge is in DuPage County, with small portions extending into Will County. County of record determines which county-level programs apply to a specific address.
What IHDA programs work best in Woodridge?+−
IHDA Access Deferred, IHDA Access Repayable, and Opening Doors are the most commonly used programs for Woodridge buyers because they pair with FHA, VA, USDA, or conventional first mortgages and typically fit within local purchase prices.
What are estimated closing costs in Woodridge?+−
Closing costs typically run 2 to 3 percent of the purchase price, or roughly $7,500 to $11,500 on a $384,000 home. This includes lender fees, title, transfer taxes, and prepaid items. DPA funds can often be applied to closing costs in addition to the down payment.
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