Forgivable Home Grants in Vermont Illinois
Home Buyer Grants in Vermont 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 Vermont, 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 Vermont 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.
Vermont (/vərˈmɒnt, vɜːr-/ ( listen))[8] is a state in the New England region of the Northeastern United States. It borders the U.S. states of Massachusetts to the south, New Hampshire to the east and New York to the west, and the Canadian province of Quebec to the north. Vermont is the second smallest by population and the sixth smallest by area of the 50 U.S. states. The state capital is Montpelier, the least populous state capital in the United States. The most populous city, Burlington, is the least populous city to be the most populous city in a state. As of 2015, Vermont was the leading producer of maple syrup in the United States.[9] It was ranked as the safest state in the country in 2016.[10]