Forgivable Home Grants in Mount Carmel Illinois

Home Buyer Grants in Mount Carmel 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 Mount Carmel, 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 Mount Carmel 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.

Mount CarmelHebrew: הר הכרמל‬ Karem El/Har Ha’Karmel

Mount Carmel (Hebrew: הַר הַכַּרְמֶל‬, Har HaKarmel ISO 259-3 Har ha Karmell (lit. God’s vineyard); Arabic: الكرمل‎, Al-Kurmul, or Arabic: جبل مار إلياس‎, Jabal Mar Elyas (lit. Mount Saint Elias/Elijah) is a coastal mountain range in northern Israel stretching from the Mediterranean Sea towards the southeast. The range is a UNESCO biosphere reserve. A number of towns are situated there, most notably the city of Haifa, Israel’s third largest city, located on the northern slope.