Forgivable Home Grants in Bensenville Illinois

Home Buyer Grants in Bensenville 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 Bensenville, 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 Bensenville 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.

Bensenville is a village located near O’Hare International Airport in DuPage County, Illinois, with a portion of the town in Cook County. As of the 2010 census, the village population was 18,352.

First known as Tioga, it was formally established as Bensenville in 1873 along the Milwaukee Road railway. The community is named after Benzen, Germany.[3][4] A post office was established in 1873, but because there was an existing “Benson”, the suffix “ville” was added.[3]