Forgivable Home Grants in Old Shawneetown Illinois
Home Buyer Grants in Old Shawneetown 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 Old Shawneetown, 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 Old Shawneetown 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.
Old Shawneetown is a village in Gallatin County, Illinois, United States. As of the 2010 census, the village had a population of 193,[3] down from 278 at the 2000 census. Located along the Ohio River, Shawneetown served as an important United States government administrative center for the Northwest Territory. The village was devastated by the Ohio River flood of 1937. The village’s population was moved several miles inland to New Shawneetown.
At least one record suggests that a village was established here by the Pekowi Shawnee led by Peter Chartier about 1748.[4] In early November 1803, Lewis and Clark are believed to have stopped at Old Shawneetown on their way to Fort Massac, just down the Ohio River.[5]