Forgivable Home Grants in Tinley Park Illinois
Home Buyer Grants in Tinley 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 Tinley 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 Tinley 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.
Tinley Park is a village located in Cook County, Illinois, United States, with a small portion in Will County. The population was 56,703 at the 2010 census.[4] It is one of the fastest growing suburbs south of Chicago. In 2009, Tinley Park was selected by BusinessWeek[5] as the best place to raise a family in America. In 2017, Tinley Park was listed as one of the 50 safest cities in America.[6]
Records show that prior to European settlement, the area was primarily occupied by the Potawatomi tribe.[citation needed]