Forgivable Home Grants in Swansea Illinois
Home Buyer Grants in Swansea 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 Swansea, 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 Swansea 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.
Swansea (/ˈswɒnzi/; Welsh: Abertawe [abɛrˈtawɛ]), is a coastal city and county, officially known as the City and County of Swansea (Welsh: Dinas a Sir Abertawe) in Wales.[2] Swansea lies within the historic county boundaries of Glamorgan and the ancient Welsh commote of Gŵyr on the southwest coast.[3] The county area includes Swansea Bay (Welsh: Bae Abertawe) and the Gower Peninsula. Swansea is the second largest city in Wales and the twenty-fifth largest city in the United Kingdom. According to its local council, the City and County of Swansea had a population of 241,300 in 2014. The last official census stated that the city, metropolitan and urban areas combined concluded to be a total of 462,000 in 2011; the second most populous local authority area in Wales after Cardiff.[4]