Forgivable Home Grants in Venice Illinois

Home Buyer Grants in Venice 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 Venice, 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 Venice 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.

Venice (/ˈvɛnɪs/, VEN-iss; Italian: Venezia [veˈnɛttsja] ( listen); Venetian: Venesia, Venexia [veˈnɛsja]) is a city in northeastern Italy and the capital of the Veneto region. It is situated across a group of 118 small islands[1] that are separated by canals and linked by 400 bridges.[2][3] The islands are located in the shallow Venetian Lagoon, an enclosed bay that lies between the mouths of the Po and the Piave rivers (more exactly between the Brenta and the Sile). Parts of Venice are renowned for the beauty of their settings, their architecture, and artwork.[2] The lagoon and a part of the city are listed as a UNESCO World Heritage Site.[2]

In 2018, 260,897 people resided in Comune di Venezia, of whom around 55,000 live in the historic city of Venice (Centro storico). Together with Padua and Treviso, the city is included in the Padua-Treviso-Venice Metropolitan Area (PATREVE), with a total population of 2.6 million. PATREVE is only a statistical metropolitan area.[4]