Forgivable Home Grants in Winchester Illinois
Home Buyer Grants in Winchester 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 Winchester, 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 Winchester 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.
Winchester is a city and the county town of Hampshire, England. The city lies at the heart of the wider City of Winchester, a local government district, and is located at the western end of the South Downs National Park, along the course of the River Itchen.[2] It is situated 61 miles (98 km) south-west of London and 13.6 miles (21.9 km) from Southampton, its closest city. At the time of the 2011 Census, Winchester had a population of 45,184. The wider City of Winchester district which includes towns such as Alresford and Bishop’s Waltham has a population of 116,800. [3]
Winchester developed from the Roman town of Venta Belgarum, which in turn developed from an Iron Age oppidum. Winchester’s major landmark is Winchester Cathedral, one of the largest cathedrals in Europe, with the distinction of having the longest nave and overall length of all Gothic cathedrals in Europe. The city is home to the University of Winchester and Winchester College, the oldest public school in the United Kingdom still using its original buildings.[citation needed]