Forgivable Home Grants in Tower Hill Illinois
Home Buyer Grants in Tower Hill 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 Tower Hill, 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 Tower Hill 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.
Tower Hill is a complex city or garden square northwest of the Tower of London, in the London Borough of Tower Hamlets just outside the City of London boundary yet inside what remains of the London Wall — a large fragment of which survives toward its east.[1]