Forgivable Home Grants in Mount Carroll Illinois

Home Buyer Grants in Mount Carroll 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 Carroll, 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 Carroll 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 Carroll is a city in Carroll County, Illinois, United States. It is the Carroll County seat. The population was 1,717 at the 2010 census.[4]

Due to its elevation and northwesterly location, Mount Carroll is subject to unusually cold winter weather. From 1930 to 1999, Mount Carroll held the record for the lowest temperature ever recorded in Illinois, −35 °F (−37 °C), recorded on January 22, 1930.[5] The record was beaten by Congerville in 1999, by one degree.