Kane County First-Time Homebuyer Deferred Loan Program (Kane-Elgin HOME Consortium)

Kane County First-Time Homebuyer Deferred Loan Program (Kane-Elgin HOME Consortium) هو قرض ثانٍ مؤجَّل لمشتري المنازل في Elgin، Illinois، وتديره Kane County Office of Community Reinvestment (Kane-Elgin HOME Consortium). Through the Kane-Elgin HOME Consortium, Kane County's Office of Community Reinvestment offers eligible first-time homebuyers a 0 percent deferred-payment second mortgage of up to $10,000 toward down payment and customary closing costs. The Program Area expressly includes all of the City of Elgin, including the portion in Cook County. The loan is not a grant or forgivable loan; the full amount is repaid out of net proceeds when the home is sold, title is transferred, or it ceases to be the borrower's primary residence (with a 5-year HUD affordability period). Applicants must be at or below 80 percent AMI, complete HUD-certified counseling, contribute at least 1 percent of the purchase price, and buy within the program area. Up to $10,000 in down payment and closing cost assistance. 0 percent interest. No monthly payments (deferred). Borrower chooses their own lender. Covers all of the City of Elgin including the Cook County portion. يأتي التمويل من Federal HOME Investment Partnerships Program (Kane-Elgin HOME Consortium).

يقدم Kane County First-Time Homebuyer Deferred Loan Program (Kane-Elgin HOME Consortium) مساعدة تصل إلى $10,000. مساهمة مشتري المنزل: Applicant must contribute a minimum down payment of at least 1 percent of the purchase price from own funds (earnest money); lender may require more. يمكن الجمع بين البرنامج وAn additional up to $10,000 is available if the home is within the city limits of St. Charles (not applicable to Elgin). المبالغ هي الحدود القصوى التي ينشرها البرنامج، وليست عرضًا؛ Kane County Office of Community Reinvestment (Kane-Elgin HOME Consortium) هي التي تحدد أي مبلغ يُمنح لكل شخص.

Kane County First-Time Homebuyer Deferred Loan Program (Kane-Elgin HOME Consortium) مؤجَّل، لذا لا تُستحق أي دفعات حتى يُباع المنزل أو يُعاد تمويله أو يُسدَّد الرهن العقاري الأول بالكامل. يُستحق السداد عند Loan is due in full out of net proceeds when the home is sold, title is transferred, or the household no longer occupies the home as its primary residence. تُسجَّل المساعدة في مرتبة الرهن: Second. يحدد البرنامج شروط الإعفاء والسداد وقد تتغير؛ تحقّق منها في الصفحة الرسمية للبرنامج قبل التقديم.

Kane County First-Time Homebuyer Deferred Loan Program (Kane-Elgin HOME Consortium) مفتوح أمام مشتري المنازل لأول مرة ومشتري المنازل الذين سيسكنون المنزل كمسكن رئيسي. لعبارة "لأول مرة" استثناءات هنا: First-time homebuyer defined as not having owned a home in the last 3 years. يلزم إكمال دورة لمشتري المنازل، عبر HUD-certified housing counseling agency of buyer's choice with customized counseling (online/group courses alone do not qualify). Local agencies: The Neighbor Project (Aurora); Consumer Credit Counseling Service of Northern Illinois (Elgin); DuPage Homeownership Center (Wheaton). شرط الإقامة: Must currently live or work full-time in Kane County and the Kane-Elgin Consortium Area, and have done so for at least one year before the application date. Complete HUD-certified homebuyer counseling (customized; online/group-only courses do not qualify) before signing a purchase contract. A required Real Estate Sales Contract Rider must be signed and attached to the initial offer or the property is ineligible. Contract closing date must be 35-plus days from execution. Property must pass county general and visual lead inspections. No cash back to buyer; no other debt paid at closing. Front-end housing ratio 25-32 percent; back-end DTI cap 50 percent. Assistance amount may be reduced after asset/cash-reserve review. GAP: minimum credit score not stated (no credit-score requirement found). GAP: max liquid assets not a hard cap (reviewed case-by-case). GAP: annual funding cap / reservation system not published. GAP: HUD AMI year/MSA not stated; income limits dated effective 6/15/23. GAP: provider phone not listed on program docs (contact by email). Note: the City of Elgin does not run a separate standalone DPA program; its DPA is delivered through this Kane-Elgin HOME Consortium program.

يحدد Kane County First-Time Homebuyer Deferred Loan Program (Kane-Elgin HOME Consortium) دخل الأسرة بما لا يتجاوز 80% من الدخل الوسيط في المنطقة، وهو يختلف بحسب المقاطعة وحجم الأسرة. Household income (HUD-projected gross, adjusted for household size) must not exceed federal limits. Effective 6/15/23: 1 $61,800; 2 $70,600; 3 $79,450; 4 $88,250; 5 $95,350; 6 $102,400; 7 $109,450; 8-plus $116,050. Front-end housing ratio 25-32 percent; back-end ratio not exceeding 50 percent. ينطبق الحد على إجمالي دخل الأسرة، وليس على دخل المقترض وحده. تنشر HUD أرقام الدخل الوسيط في المنطقة وتحدّثها سنويًا، لذا راجع الجدول الحالي للمقاطعة قبل الاعتماد على أي رقم.

يضع Kane County First-Time Homebuyer Deferred Loan Program (Kane-Elgin HOME Consortium) حدًا أقصى لسعر الشراء قدره $287,000. تشمل أنواع العقارات المؤهلة Single Family، Condo وTownhouse. المنازل حديثة البناء مؤهلة. المنازل الجاهزة (المصنّعة) غير مؤهلة.

يخدم Kane County First-Time Homebuyer Deferred Loan Program (Kane-Elgin HOME Consortium) مشتري المنازل الذين يشترون في Elgin، Illinois. يستهدف البرنامج مناطق محددة: Kane-Elgin Consortium Area: all of Kane County except Aurora, Algonquin, Barrington Hills, Bartlett, Hampshire, Huntley, Hoffman Estates, Montgomery, and the DuPage portion of Wayne; plus all of the City of Elgin (including its Cook County portion), all of the Village of Maple Park, and all of the City of St. Charles.

تُقدَّم طلبات Kane County First-Time Homebuyer Deferred Loan Program (Kane-Elgin HOME Consortium) عبر Kane County Office of Community Reinvestment (Kane-Elgin HOME Consortium)، التي تنشر الشروط الحالية وخطوات التقديم على موقعها. Hey Prescott ليست جهة إقراض ولا تقبل الطلبات؛ تصف هذه الصفحة البرنامج ليتمكن مشتري المنزل من عرضه على جهة إقراض أو مستشار إسكان.