Forgivable Home Grants in Crest Hill Illinois
Home Buyer Grants in Crest Hill 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 Crest Hill, 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 Crest Hill 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.
Crest Hill is a city in Lockport Township, Will County, Illinois, United States. The 2010 census put Crest Hill’s population at 20,837.[3]
Crest Hill is located at 41°33′52″N 88°6′31″W / 41.56444°N 88.10861°W / 41.56444; -88.10861 (41.5645, -88.1089).[4] Crest Hill decided to incorporate itself to avoid being annexed by the City of Joliet and became officially incorporated as the City of Crest Hill January 22, 1960.