Forgivable Home Grants in Ohio Illinois
Home Buyer Grants in Ohio 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 Ohio, 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 Ohio 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.
Ohio /oʊˈhaɪ.oʊ/ ( listen) is a Midwestern state in the Great Lakes region of the United States. Ohio is the 34th largest by area, the 7th most populous, and the 10th most densely populated of the 50 United States. The state’s capital and largest city is Columbus.