Forgivable Home Grants in Germantown Hills Illinois

Home Buyer Grants in Germantown Hills 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 Germantown Hills, 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 Germantown Hills 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.

Germantown Hills is a village in Woodford County, Illinois, approximately 8 miles (13 km) northeast of Peoria. Germantown Hills is the only incorporated community in Worth Township. As of the 2010 census, the village had a total population of 3,438.[3] Largely an agricultural community until its incorporation in 1954, Germantown Hills is now a growing bedroom community in the Peoria Metropolitan Area.