Forgivable Home Grants in Martinton Illinois
Home Buyer Grants in Martinton 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 Martinton, 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 Martinton 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.
Martinton is a village in Martinton Township, Iroquois County, Illinois, United States. The population was 381 at the 2010 census.[3]
Martinton is located in northeastern Iroquois County at 40°54′55″N 87°43′35″W / 40.91528°N 87.72639°W / 40.91528; -87.72639 (40.915315, -87.726289).[4] Illinois Route 1 follows the western border of the village, leading north 8 miles (13 km) to St. Anne and south 10 miles (16 km) to Watseka, the Iroquois County seat.