Forgivable Home Grants in Sparta Illinois
Home Buyer Grants in Sparta 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 Sparta, 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 Sparta 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.
Coordinates: 37°4′55″N 22°25′25″E / 37.08194°N 22.42361°E / 37.08194; 22.42361
Sparta (Doric Greek: Σπάρτα, Spártā; Attic Greek: Σπάρτη, Spártē) was a prominent city-state in ancient Greece. In antiquity the city-state was known as Lacedaemon (Λακεδαίμων, Lakedaímōn), while the name Sparta referred to its main settlement on the banks of the Eurotas River in Laconia, in south-eastern Peloponnese.[1] Around 650 BC, it rose to become the dominant military land-power in ancient Greece.