Forgivable Home Grants in Sammons Point Illinois
Home Buyer Grants in Sammons Point 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 Sammons Point, 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 Sammons Point 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.
Sammons Point is a village in Otto Township in south central Kankakee County, Illinois, United States. It had an estimated population of 305 in 2007.[2] Initially incorporated as a village on March 21, 2006, it was disincorporated on August 8, 2007, and incorporated again on February 5, 2008.[3]
The village is part of the Kankakee–Bradley Metropolitan Statistical Area, which includes all of Kankakee County.