Forgivable Home Grants in Batchtown Illinois
Home Buyer Grants in Batchtown 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 Batchtown, 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 Batchtown 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.
Batchtown is a village in the southern end of Calhoun County, Illinois, United States. The population was 214 at the 2010 census, a decline from 218 in 2000.
The village and the area surrounding it was called Richwoods during the 1850s. Then people started referring to the area as Sam White’s, after a leading merchant in Calhoun County. It was later called Batchelder Ville, after William Batchelder, who lived in the village during the 1860s. A post office opened up in the community in 1879 and Batchtown became the official name of the village.