Forgivable Home Grants in Kampsville Illinois
Home Buyer Grants in Kampsville 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 Kampsville, 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 Kampsville 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.
Kampsville is a village in Calhoun County, Illinois, United States, located on the west bank of the Illinois River. The population was 328 at the 2010 census, an increase from 302 in 2000.
Kampsville was originally known as Beeman’s Landing, after James L. Beeman, a ferry operator on the Illinois River. After Stephen Farrow (1802–1856)[3] purchased the ferry from Beeman, the name was changed to Farrowtown. The name Vedder was used when the post office was established in 1857. The name Kampsville was made official on 6 March 1872 and refers to Michael A. Kamp (1829–1922),[4] who served as president of the village board and was also a postmaster at Silver Creek, north of Kampsville.[5]