"City Mortgage" is back

The City's housing department is again sponsoring City Mortgage. A fixed-rate, 30-year loan at a competitive rate, the City Mortgage also provides up to four percent in closing costs for eligible buyers.

You have to fall under certain income levels and buy a one- to four-unit home in Chicago under a certain price to qualify for the loan.

You have to apply through one of the participating lenders to be posted on the City's department of housing Website. Click on financial assistance.