Forgivable Home Grants in Scott AFB Illinois
Home Buyer Grants in Scott AFB 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 Scott AFB, 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 Scott AFB 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.
Scott Air Force Base (IATA: BLV, ICAO: KBLV, FAA LID: BLV) is a United States Air Force base in St. Clair County, Illinois, near Belleville and O’Fallon, 25 miles East of downtown St. Louis. Scott Field was one of thirty-two Air Service training camps established after the United States entered World War I in April 1917.[1] It is part of the Air Mobility Command (AMC), and is also the headquarters of the U.S. Transportation Command, a Unified Combatant Command that coordinates transportation across all the services.
The base is operated by the 375th Air Mobility Wing (375 AMW) and is also home to the Air Force Reserve Command’s 932d Airlift Wing (932 AW) and the Illinois Air National Guard’s 126th Air Refueling Wing (126 ARW), the latter two units being operationally gained by AMC.