Forgivable Home Grants in Neoga Illinois
Home Buyer Grants in Neoga 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 Neoga, 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 Neoga 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.
Neoga is a city in Cumberland County, Illinois, United States. The population was 1,636 at the 2010 census,[3] down from 1,854 at the 2000 census. It is part of the Charleston–Mattoon Micropolitan Statistical Area. The current mayor of Neoga is Tony Kepp. The mayors before Tony Kepp were Wayne Modglin, Jay Russell and Gary Mercer.
Neoga was incorporated in 1856. Neoga means “deer” in the Kickapoo language.