Forgivable Home Grants in Coatsburg Illinois

Home Buyer Grants in Coatsburg 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 Coatsburg, 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 Coatsburg 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.

Coatsburg is a village in Adams County, Illinois, United States. The population was 147 at the 2010 census.[3] It is part of the Quincy, IL–MO Micropolitan Statistical Area.

A post office called Coatsburgh was established in 1856, and the name was changed to Coatsburg in 1893.[4] The village has the name of Robert Coats, a first settler.[5]