Forgivable Home Grants in Aroma Park Illinois
Home Buyer Grants in Aroma Park 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 Aroma Park, 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 Aroma Park 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.
Aroma Park (formerly Waldron) is a village in Kankakee County, Illinois, along the Kankakee River opposite the mouth of the Iroquois River. Aroma Park is suburb just south of the City of Kankakee. Aroma Park’s population was 821 at the 2000 census.[3] It is included in the Kankakee-Bradley, Illinois Metropolitan Statistical Area.
Aroma Park is located at 41°4′44″N 87°48′19″W / 41.07889°N 87.80528°W / 41.07889; -87.80528 (41.078981, -87.805363).[4]