Southwest Home Equity Assurance Program
Invest in your home.
Invest in your neighborhood.
Invest in your home.
Invest in your neighborhood.
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The Home Equity Program is a unique neighborhood stabilization program from the State of Illinois, developed to insure property values for an extended time. The Home Equity Program is financed by a special levy on single through six-unit residential properties within the Home Equity District. We are governed by the State of Illinois, Home
The Home Equity Program is a unique neighborhood stabilization program from the State of Illinois, developed to insure property values for an extended time. The Home Equity Program is financed by a special levy on single through six-unit residential properties within the Home Equity District. We are governed by the State of Illinois, Home Equity Assurance Act.
Our programs help Chicago homeowners protect and invest into their biggest asset - their home. If we can help each Chicago home one-by-one collectively we can continue to uplift our community together.
We are proud to cover 11 community areas, 9 wards and 7 zipcodes. Neighborhoods include Chicago Lawn/Marquette Manor, Gage Park, West Lawn, Clearing, Brighton Park, Archer Heights, Garfield Ridge, West Elsdon and parts of Ashburn, McKinley Park, New City and Scottsdale.
Zip codes include 60638, 60629, 60632, 60608*, 60609*, 60636* and 6065
We are proud to cover 11 community areas, 9 wards and 7 zipcodes. Neighborhoods include Chicago Lawn/Marquette Manor, Gage Park, West Lawn, Clearing, Brighton Park, Archer Heights, Garfield Ridge, West Elsdon and parts of Ashburn, McKinley Park, New City and Scottsdale.
Zip codes include 60638, 60629, 60632, 60608*, 60609*, 60636* and 60652*
Wards include 12, 13, 14 , 15*, 16*, 22*, 23, 17* and 18*
* Indicates portion of
Please refer to your real estate tax bill to ensure eligibility.
The Southwest Home Equity Assurance Program offers two benefits.
The first benefit is that we protect the property value of your home, if you decide to sell in the future.
The second benefit we provide is through a partnership with Marquette and Hoyne Bank. We offer a Home Improvement Loan Program - an innovative benefit exclusively for m
The Southwest Home Equity Assurance Program offers two benefits.
The first benefit is that we protect the property value of your home, if you decide to sell in the future.
The second benefit we provide is through a partnership with Marquette and Hoyne Bank. We offer a Home Improvement Loan Program - an innovative benefit exclusively for members. Members are eligible to apply for special zero-to low-interest loans to repair or remodel their homes. A home inspection is required within 6 months of closing on your loan.
Finally, existing members are always encouraged to update their appraisal. By submitting receipts of $5,000 worth of home improvements, members can receive 50% off their next appraisal.
SWHEAP is dedicated to the safety of our community while remaining accessible. We are committed in complying to the Covid-19 guidelines issued by the State of Illinois and City of Chicago.
Thank you & stay safe!
Open today | 09:00 am – 05:00 pm |
If you cannot visit our office due to accessibility or office hours, you can book a virtual appointment or call us to schedule an appointment that works with your schedule. At SWHEAP, we take pride in accommodating you!
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$25 New Member Promotion is back!
Requirements Include:
Must never have registered before
Eligible for our program
Do not have a current appraisal
Live in a 1-to-2 unit family home