Forgivable Home Grants in Minonk Illinois

Home Buyer Grants in Minonk 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 Minonk, 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 Minonk 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.

Minonk is a city in Minonk Township, Woodford County, Illinois, United States. The population was 2,078 at the 2010 census, down from 2,168 in 2000. It is part of the Peoria, Illinois Metropolitan Statistical Area.

Minonk is located at 40°54′8″N 89°2′10″W / 40.90222°N 89.03611°W / 40.90222; -89.03611 (40.902357, -89.035992).[3]