Forgivable Home Grants in Raleigh Illinois
Home Buyer Grants in Raleigh 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 Raleigh, 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 Raleigh 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.
Raleigh (/ˈrɑːli/; RAH-lee)[6] is the capital of the state of North Carolina and the seat of Wake County in the United States. Raleigh is the second-largest city in the state of North Carolina, after Charlotte. Raleigh is known as the “City of Oaks” for its many oak trees, which line the streets in the heart of the city.[7] The city covers a land area of 142.8 square miles (370 km2). The U.S. Census Bureau estimated the city’s population as 464,758 as of July 1, 2017.[4] It is one of the fastest-growing cities in the country.[8][9] The city of Raleigh is named after Sir Walter Raleigh, who established the lost Roanoke Colony in present-day Dare County.