Plainfield, IL Home Buyer Grants
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 Plainfield, IL that provide down payment and closing cost assistance for borrowers who would otherwise qualify for a mortgage.
Grants for homebuyers are not limited to first time homebuyers. In order to qualify for the Grant Program the 1st mortgage will have to be completed by Smart Mortgage Centers.
- 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.
Plainfield Mortgage Brokers are standing by to assist with mortgage questions and pre-approvals. Making the dreams of owning a home a reality since 1997.
For a no obligation free quote call now 888-999-1350.