Forgivable Home Grants in Milan Illinois
Home Buyer Grants in Milan 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 Milan, 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 Milan 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.
Milan (/mɪˈlæn, mɪˈlɑːn/;[3] Italian: Milano [miˈlaːno] ( listen); Lombard: Milan [miˈlãː] (Milanese variant))[4][5] is a city in northern Italy, capital of Lombardy, and the second-most populous city in Italy after Rome, with the city proper having a population of 1,369,466 while its province-level municipality has a population of 3,238,665.[6] Its continuously built-up urban area (that stretches beyond the boundaries of the Metropolitan City of Milan) has a population estimated to be about 5,270,000 over 1,891 square kilometres (730 square miles).[7] The wider Milan metropolitan area, known as Greater Milan, is a polycentric metropolitan region that extends over central Lombardy and eastern Piedmont and which counts an estimated total population of 7.5 million, making it by far the largest metropolitan area in Italy.[8][9][10][11][12] Milan served as capital of the Western Roman Empire from 286 to 402 and the Duchy of Milan during the middle and early modern age.