Forgivable Home Grants in Bridgeport Illinois
Home Buyer Grants in Bridgeport 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 Bridgeport, 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 Bridgeport 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.
Bridgeport is a historic seaport city in the U.S. state of Connecticut. The largest city in the state, it is located in Fairfield County at the mouth of the Pequonnock River on Long Island Sound. As of 2017, Bridgeport had an estimated population of 151,267,[4] making it also the 5th-most populous in New England[5] Located 60 miles from Manhattan and 40 miles from the Bronx, it is bordered by the towns of Trumbull to the north, Fairfield to the west, and Stratford to the east. The Greater Bridgeport area is the 48th-largest urban area in the United States.
The showman P.T. Barnum was a resident of the city and served as the town’s mayor in the late 19th century. Barnum built four houses in Bridgeport, and housed his circus in town during winter. The first Subway restaurant opened in the North End section of the city in 1965.[6] The Frisbie Pie Company was located here, and Bridgeport is credited as the birthplace of the Frisbee.[7]