Forgivable Home Grants in Ivesdale Illinois
Home Buyer Grants in Ivesdale 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 Ivesdale, 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 Ivesdale 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.
Ivesdale is a village in Champaign County, Illinois, United States; a very small portion of the village extends into Piatt County, Illinois. The population was 267 at the 2010 census. It is served by Saint Joseph Catholic Parish and is home to Saint Joseph Roman Catholic Church (built in 1894) which is known locally as “The Cathedral of the Cornfield”.[3] The town’s most recent mayor Bernard Alblinger was the second longest serving mayor in the history of Illinois, serving a total of 48 consecutive years from 1963 until his death in 2011.[4]
Ivesdale is located at 39°56′41″N 88°27′25″W / 39.94472°N 88.45694°W / 39.94472; -88.45694 (39.944595, -88.456860).[5]