Forgivable Home Grants in Romeoville Illinois
Home Buyer Grants in Romeoville 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 Romeoville, 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 Romeoville 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.
Romeoville is a village in Will County, Illinois, United States. The village is located 26 mi (42 km) southwest of Chicago and is a Chicago Suburb. The population was 39,680 at the 2010 census. It is located in the southwest suburban area of Chicago near the newly constructed I-355 extension south from the Stevenson Expressway (I-55) to I-80. It is the state’s 19th largest village.
According to the 2010 census, Romeoville has a total area of 18.759 square miles (48.59 km2), of which 18.44 square miles (47.76 km2) (or 98.3%) is land and 0.319 square miles (0.83 km2) (or 1.7%) is water.[4]