Forgivable Home Grants in Murphysboro Illinois
Home Buyer Grants in Murphysboro 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 Murphysboro, 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 Murphysboro 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.
Murphysboro is a city in and the county seat of Jackson County, Illinois, United States.[3] The population was 7,970 at the 2010 census. The city is part of the Metro Lakeland area. The mayor of Murphysboro is Will Stephens. The government consists of the mayor and 10 city aldermen.