Forgivable Home Grants in Mansfield Illinois
Home Buyer Grants in Mansfield 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 Mansfield, 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 Mansfield 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.
Mansfield is a market town in Nottinghamshire, England.[1] It is the main town in the Mansfield local government district and is a part of the Mansfield Urban Area. Nestling in a pocket within the Maun Valley surrounded by hills, the town is around 12 miles (19 km) north of Nottingham. The district of Mansfield is a largely urban area situated in the north west of Nottinghamshire populated by 99,600 residents, the vast majority of whom live in Mansfield (including Mansfield Woodhouse), with Market Warsop a secondary centre, and the remainder in the rural north of the district. Adjacent to the urban area of Sutton-in-Ashfield, Mansfield is the only major sub-regional centre in Nottinghamshire covering an area of 30 square miles (78 sq km). The Centre for Cities (2009) categorises the town as a ‘small city’, although it does not officially hold city status.