Forgivable Home Grants in Raymond Illinois
Home Buyer Grants in Raymond 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 Raymond, 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 Raymond 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.
Raymond is a male given name. It was borrowed into English from French (older French spellings were Reimund[1] and Raimund,[2] whereas the modern English and French spellings are identical). It originated as the Germanic Raginmund or Reginmund.[1] “Ragin” (Old German) and “regin” (Gothic) meant “counsel.”[3] The Old High German “mund” originally meant “hand,”[4] but came to mean “protection.”[5] This etymology suggests that the name originated in the Early Middle Ages, possibly from Latin.
Despite the German and French origins of the English name, some of its early uses in English documents appear in Latinized form. As a surname, its first recorded appearance in Britain appeared in 1086, during the reign of William the Conqueror, in the Domesday Book, with a reference to Giraldus Reimundus.[6]