Forgivable Home Grants in Toulon Illinois
Home Buyer Grants in Toulon 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 Toulon, 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 Toulon 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.
1 French Land Register data, which excludes lakes, ponds, glaciers > 1 km2 (0.386 sq mi or 247 acres) and river estuaries.
Toulon (French pronunciation: [tu.lɔ̃]; Provençal: Tolon (classical norm), Touloun (Mistralian norm), pronounced [tuˈlun]) is a city in southern France and a large military harbour on the Mediterranean coast, with a major French naval base. Located in the Provence-Alpes-Côte d’Azur region, Toulon is the capital of the Var department.