Forgivable Home Grants in Sidell Illinois
Home Buyer Grants in Sidell 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 Sidell, 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 Sidell 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.
Sidell is a village in Sidell Township, Vermilion County, Illinois, United States. It is part of the Danville, Illinois Metropolitan Statistical Area. The population was 626 at the 2000 census.
Both the town and the township of Sidell were named after John Sidell, who came to the area from Ohio in 1861 and purchased 3,000 acres (12 km2) on the banks of the Little Vermilion River. In 1888, the town had three main industries aside from farming: tiles, bricks and ice.[4]