Forgivable Home Grants in Palos Hills Illinois

Home Buyer Grants in Palos Hills 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 Hills, 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 Hills 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 Hills is a city in Cook County, Illinois, United States. It is a southwest suburb of Chicago. The city was established in 1958 and had reached a population of 17,484 in the 2010 census.[3] It is the home of Moraine Valley Community College as well as Amos Alonzo Stagg High School.