Forgivable Home Grants in Buffalo Grove Illinois

Home Buyer Grants in Buffalo Grove 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 Buffalo Grove, 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 Buffalo Grove 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.

Buffalo Grove is a village in Lake and Cook counties in the U.S. state of Illinois, within the northwest suburbs of Chicago.

As of the 2010 census, the village population was 41,496.[4] Most of the village is located within the 10th Congressional District of Illinois, although the southern portion is represented in the 8th Congressional District.[citation needed]