Forgivable Home Grants in Maple Park Illinois
Home Buyer Grants in Maple Park 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 Maple Park, 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 Maple Park 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.
Maple Park is a village in DeKalb and Kane counties in the U.S. state of Illinois. The population was 1,310 at the 2010 census, up from 765 in 2000. Maple Park was formerly known as Lodi.
Maple Park was originally called Lodi, after Lodi, Lombardy.[3] The present name comes from a nearby grove of sugar maple trees.[3] A post office called Lodi was established first in 1837, and the post office was renamed Maple Park in 1880.[4]