Forgivable Home Grants in Shawneetown Illinois
Home Buyer Grants in Shawneetown 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 Shawneetown, 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 Shawneetown 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.
Shawneetown is a city in Gallatin County, Illinois, United States. The population was 1,239 at the 2010 census,[3] down from 1,410 at the 2000 census. It is the county seat of Gallatin County.[4]
Shawneetown is located southeast of the center of Gallatin County at 37°42′53″N 88°11′00″W / 37.714701°N 88.183465°W / 37.714701; -88.183465.[5] Illinois Route 13 passes through the city, leading southeast 3 miles (5 km) to the Ohio River and the Kentucky border at Old Shawneetown, and west 20 miles (32 km) to Harrisburg. It is located at the northeast edge of Shawnee National Forest.