Forgivable Home Grants in Nokomis Illinois
Home Buyer Grants in Nokomis 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 Nokomis, 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 Nokomis 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.
Nokomis is the name of Nanabozho’s grandmother in the Ojibwe traditional stories and
was the name of Hiawatha’s grandmother in Henry Wadsworth Longfellow’s poem, The Song of Hiawatha, which is a re-telling of the Nanabozho stories. Nokomis is an important character in the poem, mentioned in the familiar lines.in Ojibwe Nokomis means Grandmother.
According to the poem, From the full moon fell Nokomis/Fell the beautiful Nokomis. She bears a daughter, Wenonah. Despite Nokomis’ warnings, Wenonah allows herself to be seduced by the West-Wind, Mudjekeewis, Till she bore a son in sorrow/Bore a son of love and sorrow/Thus was born my Hiawatha.