Forgivable Home Grants in Elliott Illinois

Home Buyer Grants in Elliott 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 Elliott, 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 Elliott 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.

Elliot (also spelled Eliot, Elliott,[1] Eliott[2] and Elyot[3]) is a personal name which can serve as either a surname or a given name. Although the given name was historically given to males, females named Elliot have increased from 414 in 2009 to 770 in 2013, in United States.[4][5]