Forgivable Home Grants in Alsey Illinois
Home Buyer Grants in Alsey 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 Alsey, 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 Alsey 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.
Alsey is a village in Scott County, Illinois, USA. The population was 246 at the 2000 census.[3] It is part of the Jacksonville Micropolitan Statistical Area.
Alsey was originally called Smithfield, and under the latter name was laid out in 1870 by Alsey R. Smith, and named for him.[4] A post office called Alsey has been in operation since 1872.[5]