Forgivable Home Grants in Hamburg Illinois

Home Buyer Grants in Hamburg 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 Hamburg, 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 Hamburg 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.

Hamburg (English: /ˈhæmbɜːrɡ/; German: [ˈhambʊɐ̯k] ( listen); Low German: Hamborg [ˈhambɔːç] ( listen); officially: Free and Hanseatic City of Hamburg; German: Freie und Hansestadt Hamburg; Low German: Friee un Hansestadt Hamborg)[5] is, with a population of roughly 1.8 million people, the second-largest city of Germany after Berlin, the eighth-largest city in the European Union, as well as the union’s largest city which is not one of its member states’ capital cities. It is one of Germany’s 16 federal states, surrounded by the states of Schleswig-Holstein to the north, and Lower Saxony to the south, and is the largest city of Northern Germany. The city’s metropolitan region is home to more than five million people. Hamburg lies on the River Elbe and two of its tributaries, the River Alster, which forms two large lakes within the city, and the River Bille. It is the third-largest German-speaking city after Berlin and Vienna, and the largest city in the Low German dialect area.