Forgivable Home Grants in Cornell Illinois

Home Buyer Grants in Cornell 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 Cornell, 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 Cornell 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.

Cornell University (/kɔːrˈnɛl/ kor-NEL) is a private and statutory Ivy League research university located in Ithaca, New York. Founded in 1865 by Ezra Cornell and Andrew Dickson White,[6] the university was intended to teach and make contributions in all fields of knowledge—from the classics to the sciences, and from the theoretical to the applied. These ideals, unconventional for the time, are captured in Cornell’s founding principle, a popular 1868 Ezra Cornell quotation: “I would found an institution where any person can find instruction in any study.”[1]