Forgivable Home Grants in Pocahontas Illinois
Home Buyer Grants in Pocahontas 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 Pocahontas, 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 Pocahontas 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.
Pocahontas (born Matoaka, known as Amonute, c. 1596 – March 1617) was a Native American[2][3][4] woman notable for her association with the colonial settlement at Jamestown, Virginia. Pocahontas was the daughter of Powhatan, the paramount chief[2] of a network of tributary tribal nations in the Tsenacommacah, encompassing the Tidewater region of Virginia. In a well-known historical anecdote, she saved the life of a captive of the Native Americans, the Englishman John Smith, in 1607 by placing her head upon his own when her father raised his war club to execute him. Many historians doubt the veracity of this story.[5][6]