Forgivable Home Grants in Spillertown Illinois
Home Buyer Grants in Spillertown 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 Spillertown, 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 Spillertown 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.
Spillertown is a village in Williamson County, Illinois, United States. The population was 203 at the 2010 census.
Richard Bankston first settled in the area of Spillertown in 1812 and entered the southwest quarter of Section 6, Township 9 South, Range 3 East, on August 4, 1817. Elijah N. Spiller, who along with three other brothers arrived in what would become Williamson County a year earlier, bought Bankston’s improvements and the area soon became known for the Spiller family. His home stood on the old road that ran between Marion and Benton. In the earliest day it was known as the Harmony road as settlers would take it north to Garret’s Tavern, the old county seat of Franklin County, then east to New Harmony, Indiana. The community had a history of excellent schools under the old Spillertown District 54. The last school building now serves as a community building, village hall and polling place.