Forgivable Home Grants in Watseka Illinois
Home Buyer Grants in Watseka 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 Watseka, 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 Watseka 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.
Watseka or Watchekee (c. 1810–1878) was a Potawatomi Native American woman, born in Illinois, and named for the heroine of a Potawatomi legend. Her uncle was Tamin, the chief of the Kankakee Potawatomi Indians.[1]
In 1824, at age ten, she became engaged to Gurdon Saltonstall Hubbard, whom she married at age fourteen or fifteen. Hubbard and Watseka had two children, both of whom died in infancy.[citation needed] They mutually dissolved the union in 1826.[2] Watseka married Noel Le Vasseur at age eighteen, and was described as “beautiful, intelligent and petite.”[3] She had three children with Le Vasseur, who learned to speak the Potawatomi language. In 1836, she left for Council Bluffs, Iowa, where her tribe had been removed in 1832 following the Treaty of Camp Tippecanoe. She died in Council Bluffs in 1878.[3]