Forgivable Home Grants in Campton Hills Illinois
Home Buyer Grants in Campton Hills 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 Campton Hills, 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 Campton Hills 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.
Campton Hills is a village in Kane County, Illinois and is a far western suburb of Chicago. The population of the village is 11,131 per the 2010 US Census.[3]
The village was established on May 14, 2007[4] by incorporating 20.3[5] square miles of Campton and Plato townships. The incorporation followed an April 17 referendum in which 55 percent of voters approved incorporation. Several areas on the village’s boundaries disconnected within the first year of incorporation, taking advantage of less restrictive requirements imposed by state statute during that period.[6] As of August 2009, the village comprises 17.16 square miles (44.4 km2).[7]