Forgivable Home Grants in Chebanse Illinois
Home Buyer Grants in Chebanse 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 Chebanse, 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 Chebanse 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.
Chebanse is a village in Iroquois and Kankakee counties in the U.S. state of Illinois. The population was 1,062 at the 2010 census.[3] The Kankakee County portion of Chebanse is included in the Kankakee-Bradley, Illinois Metropolitan Statistical Area.
Chebanse is located at 41°00′06″N 87°54′39″W / 41.001582°N 87.910939°W / 41.001582; -87.910939,[4] on the border between Iroquois and Kankakee counties. Interstate 57 passes the eastern edge of the village, with access from Exit 302. I-57 leads north 9 miles (14 km) to Kankakee and south 65 miles (105 km) to Champaign. Chicago is 68 miles (109 km) north of Chebanse.