Forgivable Home Grants in Golconda Illinois
Home Buyer Grants in Golconda 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 Golconda, 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 Golconda 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.
Golkonda, also known as Golconda, Gol konda (“Round shaped hill”), or Golla konda, (Shepherd’s Hill) is a citadel and fort in Southern India and was the capital of the medieval sultanate of the Qutb Shahi dynasty (c.1518–1687), is situated 11 km (6.8 mi) west of Hyderabad. It is also a tehsil of Hyderabad district, Telangana, India. The region is known for the mines that have produced some of the world’s most famous gems, including the Koh-i-Noor, the Hope Diamond, Nassak Diamond and the Noor-ul-Ain.