Forgivable Home Grants in Stone Park Illinois
Home Buyer Grants in Stone Park 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 Stone Park, 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 Stone Park 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.
Stone Park is a village in Cook County, Illinois, United States. The population was 4,946 at the 2010 census.[3] Incorporated in 1939, the town was named for insurance magnate Clement Stone, who bought most of the land when it was still corn fields.
Stone Park is located at 41°54′16″N 87°52′50″W / 41.90444°N 87.88056°W / 41.90444; -87.88056 (41.904330, -87.880486).[4]