Forgivable Home Grants in Brooklyn Illinois
Home Buyer Grants in Brooklyn 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 Brooklyn, 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 Brooklyn 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.
Coordinates: 40°41′34″N 73°59′25″W / 40.69278°N 73.99028°W / 40.69278; -73.99028
Brooklyn (/ˈbrʊklɪn/) is the most populous borough of New York City, with a census-estimated 2,648,771 residents in 2017.[1] Named after the Dutch village of Breukelen, it borders the borough of Queens, at the western end of Long Island. Brooklyn also has several bridge connections to the boroughs of Manhattan (across the East River) and Staten Island (across the Verrazano Narrows Bridge). Since 1896, the borough has been coterminous with Kings County, the most populous county in the U.S. state of New York and the second-most densely populated county in the United States, after the county of New York (which is coextensive with the borough of Manhattan).[2]