Forgivable Home Grants in Palos Heights Illinois

Home Buyer Grants in Palos Heights 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 Palos Heights, 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 Palos Heights 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.

Palos Heights is a city in Cook County, Illinois, United States. The population was 12,515 at the 2010 census.[3]

According to the 2010 census, Palos Heights has a total area of 3.878 square miles (10.04 km2), of which 3.78 square miles (9.79 km2) (or 97.47%) is land and 0.098 square miles (0.25 km2) (or 2.53%) is water.[4]