Forgivable Home Grants in London Mills Illinois

Home Buyer Grants in London Mills 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 London Mills, 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 London Mills 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.

London Mills is a village in Fulton and Knox counties in the U.S. state of Illinois. The population was 392 at the 2010 census,[3] down from 447 at the 2000 census.

The Fulton County portion of London Mills is part of the Canton Micropolitan Statistical Area and the wider Peoria Consolidated Statistical Area, while the Knox County portion is part of the Galesburg Micropolitan Statistical Area.