Forgivable Home Grants in Tampico Illinois
Home Buyer Grants in Tampico 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 Tampico, 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 Tampico 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.
Tampico is a city and port in the southeastern part of the state of Tamaulipas, Mexico. It is located on the north bank of the Pánuco River, about 10 kilometres (6 mi) inland from the Gulf of Mexico, and directly north of the state of Veracruz. Tampico is the fifth-largest city in Tamaulipas, with a population of 314,418 in the city proper and 929,174 in the metropolitan area.
During the period of Mexico’s first oil boom in the early 20th century, the city was the “chief oil-exporting port of the Americas” and the second-busiest in the world, yielding profits that were invested in the city’s famous architecture, often compared to that of Venice and New Orleans.[2] The first oil well in Mexico was drilled near Tampico in 1901 at Ébano.