Forgivable Home Grants in Indian Head Park Illinois
Home Buyer Grants in Indian Head Park 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 Indian Head Park, 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 Indian Head Park 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.
Indian Head Park is a village in Cook County, Illinois, United States, slightly north of the intersection of Interstate 294 and Interstate 55. The village is south of Western Springs, west of Countryside, north and east of Burr Ridge. The population was 3,809 at the 2010 census.[3] The village’s ZIP code is 60525 (La Grange).
According to the 2010 census, Indian Head Park has a total area of 0.938 square miles (2.43 km2), of which 0.93 square miles (2.41 km2) (or 99.15%) is land and 0.008 square miles (0.02 km2) (or 0.85%) is water.[4]