Forgivable Home Grants in Louisville Illinois

Home Buyer Grants in Louisville 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 Louisville, 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 Louisville 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.

Louisville (/ˈluːəvəl/ ( listen) LOO-ə-vəl, /ˈluːivɪl/ ( listen) LOO-ee-vil, /ˈlʊvəl/ ( listen) LUUV-əl) is the largest city in the Commonwealth of Kentucky and the 29th most-populous city in the United States.[d][5] It is one of two cities in Kentucky designated as first-class, the other being Lexington, the state’s second-largest city.[e] Louisville is the historical seat and, since 2003, the nominal seat of Jefferson County.