Forgivable Home Grants in Carol Stream Illinois
Home Buyer Grants in Carol Stream 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 Carol Stream, 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 Carol Stream 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.
Carol Stream is a village in DuPage County, Illinois, United States. Incorporated on January 5, 1959, and named after the developer’s daughter, Carol Stream had a population of 39,711 as of the 2010 United States Census. In 2011 CNN’s Money Magazine ranked Carol Stream 49th on its list of 100 best places to live in the United States.
In 1853, St. John Wahlund Catholic Church was built in Gretna. The church was closed in 1867. When St. Michael Church was opened in Wheaton in 1872, the St. Stephen parishioners were transferred to that parish. The church building was dismantled sometime in the late 19th century. St. Stephen Cemetery was located adjacent to the church building. It was last used for burial in 1910. The St. Stephen Cemetery (located north of the Great Western Trail behind Meyer Material Company on St. Charles Road) was rededicated 100 years later on September 12, 2010.[3]