Forgivable Home Grants in Des Plaines Illinois

Home Buyer Grants in Des Plaines 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 Des Plaines, 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 Des Plaines 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.

Des Plaines /dɪs ˈpleɪnz/ is a city in Cook County, Illinois, United States. Its population was 58,364 at the 2010 census.[5] The city is a suburb of Chicago and is located just north of O’Hare International Airport. It is situated on and is named after the Des Plaines River, which runs through the city just east of its downtown area.