Forgivable Home Grants in Havana Illinois
Home Buyer Grants in Havana 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 Havana, 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 Havana 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.
Havana (/həˈvænə/; Spanish: La Habana [la aˈβana] ( listen)) is the capital city, largest city, province, major port, and leading commercial center of Cuba.[3] The city has a population of 2.1 million inhabitants,[2][3] and it spans a total of 781.58 km2 (301.77 sq mi) – making it the largest city by area, the most populous city, and the fourth largest metropolitan area in the Caribbean region.[2][4]
The city of Havana was founded by the Spanish in the 16th century and due to its strategic location it served as a springboard for the Spanish conquest of the Americas, becoming a stopping point for treasure-laden Spanish galleons returning to Spain. King Philip II of Spain granted Havana the title of City in 1592.[5] Walls as well as forts were built to protect the old city.[6] The sinking of the U.S. battleship Maine in Havana’s harbor in 1898 was the immediate cause of the Spanish–American War.[7]