Forgivable Home Grants in Lebanon Illinois
Home Buyer Grants in Lebanon 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 Lebanon, 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 Lebanon 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.
Coordinates: 33°50′N 35°50′E / 33.833°N 35.833°E / 33.833; 35.833
Lebanon (/ˈlɛbənɒn/ ( listen); Arabic: لبنان Lubnān; Lebanese pronunciation: [lɪbˈnɛːn]; French: Liban), officially known as the Lebanese Republic[nb 2] (Arabic: الجمهورية اللبنانية al-Jumhūrīyah al-Lubnānīyah; Lebanese pronunciation: [elˈʒʊmhuːɾɪjje lˈlɪbnɛːnɪjje]; French: République libanaise), is a country in Western Asia. It is bordered by Syria to the north and east and Israel to the south, while Cyprus is west across the Mediterranean Sea. Lebanon’s location at the crossroads of the Mediterranean Basin and the Arabian hinterland facilitated its rich history and shaped a cultural identity of religious and ethnic diversity.[8] At just 10,452 km2 (4,036 sq. mi.), it is the smallest recognized sovereign state on the mainland Asian continent.[nb 3][9][10]