Forgivable Home Grants in Wellington Illinois
Home Buyer Grants in Wellington 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 Wellington, 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 Wellington 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.
Wellington (Māori: Te Whanganui-a-Tara [tɛ ˈfaŋanʉi a taɾa]) is the capital city and second most populous urban area of New Zealand, with 412,500 residents.[3] It is located at the south-western tip of the North Island, between Cook Strait and the Remutaka Range. Wellington is the major population centre of the southern North Island and is the administrative centre of the Wellington Region, which also includes the Kapiti Coast and Wairarapa. It is the world’s southernmost capital of a sovereign state.[4] Wellington features a temperate maritime climate and is the world’s windiest city, with an average wind speed of over 26 km/h (16 mph).[5]