Forgivable Home Grants in Ford Heights Illinois

Home Buyer Grants in Ford Heights 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 Ford Heights, 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 Ford Heights 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.

Ford Heights (formerly East Chicago Heights) is a village in Cook County, Illinois, United States. The population was 2,763 at the 2010 census,[3] down from 3,456 in 2000. It is located approximately 25 miles (40 km) south of downtown Chicago and is part of the Chicago–Naperville–Joliet, IL-IN-WI Metropolitan Statistical Area.

Ford Heights is located at 41°30′33″N 87°35′17″W / 41.509285°N 87.587938°W / 41.509285; -87.587938.[4]