Forgivable Home Grants in Maquon Illinois
Home Buyer Grants in Maquon 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 Maquon, 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 Maquon 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.
Maquon is a village in Knox County, Illinois, United States. The population was 318 at the 2000 census. It is part of the Galesburg Micropolitan Statistical Area.
Maquon is located along Illinois Highway 97 and Knox County Highway 20, approximately one mile north of Illinois Highway 8. The site of a Pottawatomi Native American village, Maquon today has a population of 284. Currently, Danny Thomas is the village president, Carol Courson village clerk and Kari Nicholas treasurer. The trustees are Kevin Wood, Dave Bybee, Mark Thomas, Susan Hall, Jody Reed and Earl Ross.