Forgivable Home Grants in Congerville Illinois
Home Buyer Grants in Congerville 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 Congerville, 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 Congerville 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.
Congerville is a village in Woodford County, Illinois, United States. The population was 474 as of the 2010 census, up from 466 in 2000. Congerville is part of the Peoria, Illinois Metropolitan Statistical Area.
The site of Congerville was surveyed for Joseph Schrock on 2 January 1888 and the village was known as Schrock.[3] The name was changed to Conger on 27 February 1888 after the early settler Ben Conger, and then to Congerville on 31 July 1888.[4]