Forgivable Home Grants in Smithboro Illinois

Home Buyer Grants in Smithboro 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 Smithboro, 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 Smithboro 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.

Smithboro is a village in Bond County, Illinois, United States. The population was 177 at the 2010 census.[3]

Smithboro was once called “Henderson Station” and was renamed after Henry H. Smith, the town’s postmaster. The town name was spelled “Smithborough” until 1893. The town was incorporated as a village in 1889.[4]