Forgivable Home Grants in Chester Illinois

Home Buyer Grants in Chester 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 Chester, 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 Chester 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.

Chester is a walled city in Cheshire, England, on the River Dee, close to the border with Wales. With a population of 118,200 in 2011,[1] it is the most populous settlement of Cheshire West and Chester, which had a population of 332,200 in 2014.[3] Chester was granted city status in 1541.