Forgivable Home Grants in West City Illinois

Home Buyer Grants in West City 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 West City, 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 West City 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.

West City is a village in Franklin County, Illinois, adjacent to the county seat of Benton. The population was 661 at the 2010 census.[3]

In the late 19th century, West City was a small settlement adjoining Benton on the west. In the early 20th century many immigrants from Poland, Lithuania, and England settled in the West City area to work in the numerous coal mines.