Forgivable Home Grants in Hoffman Estates Illinois
Home Buyer Grants in Hoffman Estates Illinois
Do you meet the general criteria for a home loan but lack the down payment? Because this happens far too often Smart Mortgage Centers has created forgivable grant programs in Hoffman Estates, IL that provide down payment and closing cost assistance for borrowers who would otherwise qualify for a mortgage.
Smart Mortgage Centers offers Homebuyer Grants. To qualify the mortgage will be completed by Smart Mortgage Centers. Grant programs in Hoffman Estates are not limited to First Time Homebuyers.
- 580 Credit Score Required
- Grant is completely forgiven – no repayment required!
- Grant can be used for down payment and/or closing costs
- Seller Credit of 6% is allowed
- Gift funds are allowed!
- Borrower(s) not required to be First Time Homebuyers.
- Income limit is based on qualifying income used for transaction, not household income.
Hoffman Estates is a village in Illinois, United States. The village is located primarily in Cook County, with a small section in Kane County. It is a suburb of Chicago. As of the 2016 census, the village population was 51,738.[3] The village was incorporated in 1959.[4]
The village now serves as the headquarters for the Sears Holdings Corporation and the Midwest headquarters for AT&T and the American headquarters for Mori Seiki. The village owns the Sears Centre, home of the Chicago Bliss of the Legends Football League, the Chicago Slaughter of the Indoor Football League, and the Windy City Bulls of the NBA G League.