Forgivable Home Grants in Belle Prairie City Illinois
Home Buyer Grants in Belle Prairie City 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 Belle Prairie City, 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 Belle Prairie City 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.
Belle Prairie City is an incorporated town in Hamilton County, Illinois, United States. The population was 54 at the 2010 census.[4] It is part of the Mount Vernon Micropolitan Statistical Area.
Belle Prairie City is located in northern Hamilton County at 38°13′11″N 88°33′19″W / 38.21972°N 88.55528°W / 38.21972; -88.55528 (38.219686, -88.555383).[5] It is 24 miles (39 km) southeast of the city of Mount Vernon and 4 miles (6 km) south of Interstate 64 via Exit 100. It is 10 miles (16 km) north of McLeansboro, the Hamilton County seat.