Forgivable Home Grants in Hoopeston Illinois

Home Buyer Grants in Hoopeston 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 Hoopeston, 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 Hoopeston 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.

Hoopeston (/ˈhʊpstən/) is a city in Grant Township, Vermilion County, Illinois, United States. As of the 2010 census, the city population was 5,351.[3]

Hoopeston was laid out in 1871. It was named for Thomas Hoopes, one of the men who offered land for the crossing of two railroads: the Lafayette, Bloomington and Western Railroad and the Chicago, Danville and Vincennes Railroad.[6][7] The two railroads separated the town into four sections. The latter railroad still exists and is now operated jointly by CSX Transportation and Union Pacific Railroad.[8]