Forgivable Home Grants in Dupo Illinois
Home Buyer Grants in Dupo 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 Dupo, 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 Dupo 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.
Dupo is a village in St. Clair County, Illinois, United States. The population was 4,138 at the 2010 census, an increase from 3,933 in 2000. The village was settled in about 1750 and was incorporated in 1876.[citation needed] Its name is derived from Common Fields of Prairie du Pont (French: Bridge Prairie).
Dupo is located at 38°30′57″N 90°12′29″W / 38.51583°N 90.20806°W / 38.51583; -90.20806 (38.515702, -90.207992).[3] It is located in the American Bottom floodplain of the Mississippi River.