Forgivable Home Grants in Waltonville Illinois
Home Buyer Grants in Waltonville 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 Waltonville, 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 Waltonville 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.
Waltonville is a village in Jefferson County, Illinois, United States. The population was 434 at the 2010 census.[3] It is part of the Mount Vernon Micropolitan Statistical Area.
There were a series of small settlements near Waltonville prior to its formation. In 1840, Eli Gilbert dammed Rayse Creek about a mile northeast of Waltonville, near the point where the Mt. Vernon/Pinckneyville road crossed the creek. He built a saw mill, grist mill and store at this location, which was called “Mill Town”. In 1860, Knob Creek Post Office was opened there. This was in McClellan Township.