Forgivable Home Grants in Manhattan Illinois
Home Buyer Grants in Manhattan 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 Manhattan, 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 Manhattan 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.
Coordinates: 40°47′25″N 73°57′35″W / 40.79028°N 73.95972°W / 40.79028; -73.95972
Manhattan (/mænˈhætən, mən-/), often referred to locally as the City,[1] is the most densely populated borough of New York City, its economic and administrative center, its cultural identifier,[4] and its historical birthplace.[5] The borough is coextensive with New York County, one of the original counties of the U.S. state of New York. The borough consists mostly of Manhattan Island, bounded by the Hudson, East, and Harlem rivers; several small adjacent islands; and Marble Hill, a small neighborhood now on the U.S. mainland, physically connected to the Bronx and separated from the rest of Manhattan by the Harlem River. Manhattan Island is divided into three informally bounded components, each aligned with its long axis: Lower, Midtown, and Upper Manhattan.