Forgivable Home Grants in Mettawa Illinois

Home Buyer Grants in Mettawa 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 Mettawa, 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 Mettawa 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.

Mettawa is a village in Lake County, Illinois, United States, dedicated to preserving open lands and low-density residential development. As of the 2010 census, it had a population of 547.[3] The village maintains trails for pedestrian, bicycle and equestrian usage. Five forest preserves of the Lake County Forest Preserve District are located within village boundaries.

Mettawa was founded by area residents in 1960 who worked together with a common goal of protecting their rural area from encroaching commercial development. The village was named for a nearby Potawatomi settlement which is mentioned in an early history of Lake County.[4] Mettawa’s first mayor was James Getz; subsequent mayors included Ed Fitzsimons, Julius Abler, Barry McLean and Jess Ray. Famous residents and property owners within the area now known as Mettawa have included two-time presidential nominee Adlai E. Stevenson, city planner Edward H. Bennett, and more recently, news anchor and rancher Bill Kurtis and Chicago Bears running back Matt Forte.[5] Stevenson’s Mettawa estate on the Des Plaines River is a designated Illinois Historic Site and is listed on the National Register of Historic Places.