Forgivable Home Grants in Glasgow Illinois
Home Buyer Grants in Glasgow 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 Glasgow, 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 Glasgow 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.
Glasgow (/ˈɡlɑːzɡoʊ, ˈɡlæz-, ˈɡlɑːs-, ˈɡlæs-/;[3][4] Scots: Glesga [ˈɡlezɡə]; Scottish Gaelic: Glaschu [ˈkl̪ˠas̪əxu]) is the most populous city in Scotland, and the third most populous city in the United Kingdom, as of the 2017 estimated city population of 621,020. Historically part of Lanarkshire, the city now forms the Glasgow City council area, one of the 32 council areas of Scotland; the local authority is Glasgow City Council. Glasgow is situated on the River Clyde in the country’s West Central Lowlands. Inhabitants of the city are referred to as “Glaswegians” or “Weegies”. It is the fifth most visited city in the UK.