Forgivable Home Grants in Geneva Illinois
Home Buyer Grants in Geneva 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 Geneva, 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 Geneva 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.
Geneva (/dʒɪˈniːvə/, French: Genève [ʒənɛv], Arpitan: Genèva [dzəˈnɛva], German: Genf [ɡɛnf], Italian: Ginevra [dʒiˈneːvra], Romansh: Genevra) is the second-most populous city in Switzerland (after Zürich) and the most populous city of the Romandy, the French-speaking part of Switzerland. Situated where the Rhône exits Lake Geneva, it is the capital of the Republic and Canton of Geneva.