Forgivable Home Grants in Cairo Illinois
Home Buyer Grants in Cairo 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 Cairo, 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 Cairo 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.
Cairo (/ˈkaɪroʊ/ KY-roh; Arabic: القاهرة al-Qāhirah, pronounced [ælˈqɑːheɾa] pronunciation (help·info); Coptic: ⲕⲁϣⲣⲱⲙⲓ Kashromi) is the capital of Egypt. The city’s metropolitan area is one of the largest in Africa, the largest in the Middle East and the Arab world, and the 15th-largest in the world, and is associated with ancient Egypt, as the famous Giza pyramid complex and the ancient city of Memphis are located in its geographical area. Located near the Nile Delta,[3][4] modern Cairo was founded in 969 CE by the Fatimid dynasty, but the land composing the present-day city was the site of ancient national capitals whose remnants remain visible in parts of Old Cairo. Cairo has long been a centre of the region’s political and cultural life, and is titled “the city of a thousand minarets” for its preponderance of Islamic architecture. Cairo is considered a World City with a “Beta +” classification according to GaWC.[5]