Forgivable Home Grants in Glendale Heights Illinois
Home Buyer Grants in Glendale Heights 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 Glendale Heights, 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 Glendale Heights 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.
Glendale Heights is a village in DuPage County, Illinois, United States. The population was 34,208 at the 2010 census. It is best known nationally as the hometown of Smashing Pumpkins founder Billy Corgan, but known more locally for its ethnically diverse population. The town elected Dupage County’s first Asian mayor in 1995.[4]
Glendale Heights was a small farming area served by the Glen Ellyn post office up until the 1950s, with a population of just 104 in 1959.[5] Midland Enterprises ran by Charles and Harold Reskin started building houses in Glendale Heights in 1958. The Reskins bought two farms on Glen Ellyn Road north of North Avenue. Houses were first built on Glen Ellyn Road and Larry Lane near Fullerton Avenue. On June 16, 1959, a petition was filed and on July 13, the village became incorporated. The first election was held later on that summer on August 2.