Forgivable Home Grants in Iroquois Illinois
Home Buyer Grants in Iroquois 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 Iroquois, 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 Iroquois 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.
The Iroquois (/ˈɪrəkwɔɪ/ or /ˈɪrəkwɑː/) or Haudenosaunee (/ˈhoʊdənoʊˈʃoʊni/)[1] (People of the Longhouse) are a historically powerful northeast Native American confederacy. They were known during the colonial years to the French as the Iroquois League, and later as the Iroquois Confederacy, and to the English as the Five Nations, comprising the Mohawk, Onondaga, Oneida, Cayuga, and Seneca. After 1722, they accepted the Tuscarora people from the Southeast into their confederacy and became known as the Six Nations.