Forgivable Home Grants in Ruma Illinois
Home Buyer Grants in Ruma 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 Ruma, 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 Ruma 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.
Ruma (Serbian Cyrillic: Рума) is a town and municipality located in the Srem District of the Autonomous Province of Vojvodina, Serbia. As of 2011, the town has a population of 30,076, while the municipality has a population of 54,339 inhabitants.
Traces of organized human life on the territory of Ruma municipality date back as far as prehistory. The most important archaeological locality in the municipality is Bronze Age Gomolava[3] near Hrtkovci, with two exclusive tombs of Bosut culture dating to the 9th century BC[4] and 3000BC Vučedol culture pottery.[5] The first known inhabitants of this area were various peoples of Illyrian and Celtic origin, such as the Amantini, Breuci, Scordisci, etc. During the Roman rule, local inhabitants lost their ethnic character and adopted Roman culture. There were no larger Roman settlements on the territory of Ruma, but a certain number of agricultural estates known as “villae rusticae” were located there.