Forgivable Home Grants in East Dubuque Illinois
Home Buyer Grants in East Dubuque 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 Dubuque, 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 Dubuque 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 Dubuque is a city in Jo Daviess County, Illinois, United States. The population was 1,704 at the 2010 census, down from 1,995 in 2000. East Dubuque is located alongside the Mississippi River. Across the river is the city of Dubuque, Iowa. About three miles north of the city is the Illinois – Wisconsin border.
East Dubuque was originally called Dunleith, and under the latter name was platted in 1853.[4] The present name comes from the city’s location east of Dubuque.[5] A post office was established at Dunleith in 1854, and the post office was renamed East Dubuque in 1879.[6]