Forgivable Home Grants in Manteno Illinois

Home Buyer Grants in Manteno 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 Manteno, 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 Manteno 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.

Manteno is a village in Kankakee County, Illinois, United States. The population is 9,300 in 2012. It is part of the Kankakee-Bourbonnais-Bradley Metropolitan Statistical Area.

Manteno was named after Manteno Bourbonnais, a daughter of Francois Bourbonnais, Jr. (thus her grandfather was the man for whom the city of Bourbonnais was named) and his Potowatami wife.[4] A Potawatomi Indian name, it is a possible anglicization of manito or manitou, a Potawatomi word for spirit.[5]