Forgivable Home Grants in North Pekin Illinois

Home Buyer Grants in North Pekin 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 North Pekin, 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 North Pekin 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.

North Pekin is a village in Tazewell County, Illinois, United States. The population was 1,574 at the 2000 census. North Pekin is a suburb of Peoria and is part of the Peoria, Illinois Metropolitan Statistical Area.

North Pekin is located at 40°36′40″N 89°37′28″W / 40.61111°N 89.62444°W / 40.61111; -89.62444 (40.611088, -89.624536).[3]