Forgivable Home Grants in Steeleville Illinois
Home Buyer Grants in Steeleville 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 Steeleville, 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 Steeleville 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.
Steeleville is a village in Randolph County, Illinois, United States. The population was 2,083 at the 2010 census.[3]
According to the 2010 census, Steeleville has a total area of 1.528 square miles (3.96 km2), of which 1.52 square miles (3.94 km2) (or 99.48%) is land and 0.008 square miles (0.02 km2) (or 0.52%) is water.[4] Steeleville is located adjacent to Mary’s River, a direct tributary of the Mississippi River.