Forgivable Home Grants in Grayville Illinois
Home Buyer Grants in Grayville 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 Grayville, 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 Grayville 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.
Grayville is a city in Edwards and White counties in the U.S. state of Illinois. As of the 2010 Census, the city’s population was 1,666, reflecting a decrease of 59 (-3.4%) from the 1,725 in 2000. Grayville is the birthplace of naval hero James Meredith Helm.
Grayville was founded in about 1810 by the head of the Gray family, James Gray.[3]