Forgivable Home Grants in Oregon Illinois
Home Buyer Grants in Oregon 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 Oregon, 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 Oregon 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.
Oregon (/ˈɔːrɪɡən/ ( listen) OR-i-gən)[7] is a state in the Pacific Northwest region on the West Coast of the United States. The Columbia River delineates much of Oregon’s northern boundary along Washington state, while the Snake River delineates much of its eastern boundary along Idaho. The parallel 42° north delineates the southern boundary with California and Nevada. Oregon is one of only three states of the contiguous United States to have a coastline on the Pacific Ocean.