Forgivable Home Grants in Carrier Mills Illinois
Home Buyer Grants in Carrier Mills 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 Carrier Mills, 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 Carrier Mills 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.
Carrier Mills, formerly Carriers Mills and Morrilsville, also known as Catskin, is a village in Saline County, Illinois, United States. The population was 1,655 at the 2010 census. Carrier Mills was named after George Washington Carrier and his saw and grist mill, and was one of the early Cairo and Vincennes Railroad boomtowns. Carrier Mills has lost 44% of its population since the 1920 census high of 3,000. The village has a large African American population at 13%, compared to neighboring communities in the region, due to migration from the nearby community of Lakeview.[3]
Carrier Mills has been nicknamed “Catskin” due to both an abundance of stray cats in town, and a late-19th century story of the first local merchandise and liquor store owner, Wes Cole, who was tricked by local kids into thinking a skinned cat hide was a mink stole in trade for a jug of whiskey. To this day Carrier Mills is host to the annual Catskin Days town fair and parade. The township’s school mascot is the Wildcat.[4]