Forgivable Home Grants in East Carondelet Illinois
Home Buyer Grants in East Carondelet 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 East Carondelet, 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 East Carondelet 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.
East Carondelet is a village in St. Clair County, Illinois, United States. The population was 267 at the 2000 census and 499 as of the 2010 census.[2]
According to the 2010 census, East Carondelet has a total area of 1.673 square miles (4.33 km2), of which 1.21 square miles (3.13 km2) (or 72.33%) is land and 0.463 square miles (1.20 km2) (or 27.67%) is water.[4]