DPA 2% 15 Year Amortized

DPA 2% 15 Year Amortized هو منحة لمشتري المنازل في Statewide، Massachusetts. MassHousing 15-year fully amortizing 2% second mortgage DPA up to $25,000. Lower-income tier (up to 100% AMI non-Gateway; up to 135% AMI Boston/Gateway). Pairs with MassHousing first mortgage. 640 FICO. Statewide. MassHousing's DPA 2% 15-Year Amortized Second Mortgage provides up to $25,000 in down payment and closing-cost assistance for first-time homebuyers using a MassHousing first mortgage. Structured as a 15-year fully amortizing second mortgage at a fixed 2.000% interest rate (2.000% APR), with monthly principal and interest payments alongside the first mortgage. On a $25,000 DPA, the monthly P&I payment is $160.88 for 180 months. This is the LOWER-INCOME tier - household income up to 100% AMI in non-Gateway communities, up to 135% AMI in the City of Boston and 26 designated Gateway Cities. Pairs with MassHousing 30-year fixed-rate first mortgages (FHA, Conventional 97/95, HFA Advantage, VA, USDA via MassHousing correspondents). 640 minimum FICO. First-time homebuyer required. Statewide eligibility - all 351 cities and towns in Massachusetts. يأتي التمويل من State وBond.

DPA 2% 15 Year Amortized مصمَّم كمنحة، لذا لا يُسدَّد. يُستحق السداد عند 15-year fully amortizing second mortgage at 2.000% APR. Monthly principal and interest payments due alongside first mortgage. $25,000 DPA = $160.88/month for 180 months. Balance also accelerates on sale, refinance of first, transfer of title, payoff, or non-owner-occupancy. تُسجَّل المساعدة في مرتبة الرهن: 2nd Lien. يحدد البرنامج شروط الإعفاء والسداد وقد تتغير؛ تحقّق منها في الصفحة الرسمية للبرنامج قبل التقديم.

DPA 2% 15 Year Amortized مفتوح أمام مشتري المنازل لأول مرة ومشتري المنازل الذين سيسكنون المنزل كمسكن رئيسي. لعبارة "لأول مرة" استثناءات هنا: First-time homebuyer requirement waived in federally designated targeted census tracts and for qualifying veterans (federal MRB qualified-veteran exception under IRS Section 143(d)(2)(B)). بشأن الائتمان، ينص البرنامج على: 640 minimum FICO across all eligible MassHousing first-mortgage products. يلزم إكمال دورة لمشتري المنازل، عبر MassHousing-approved homebuyer education providers (CHAPA-network counseling agencies, HUD-approved counselors). 8-hour pre-purchase course required prior to closing. شرط الإقامة: Property must be located in Massachusetts (any of 351 cities/towns) and serve as borrower's primary residence. No prior MA residency requirement. الجنسية أو وضع الهجرة: U.S. citizen, permanent resident, or qualifying non-permanent resident alien per first-mortgage product overlays. First-time homebuyer required (no ownership of a primary residence in the past 3 years); waived in federally targeted census tracts and for qualifying veterans. Owner-occupied primary residence (1-4 units; condo project-approved). 640 minimum FICO. 45% maximum DTI (some overlays may permit 50% with compensating factors). Household income at or below 100% AMI for non-Gateway communities or 135% AMI for Boston/Gateway Cities (verify by household size and county). Must use a MassHousing-approved participating lender. Homebuyer education required (8-hour CHAPA-network pre-purchase course). DPA is paired with a MassHousing first mortgage - cannot be used standalone.

يحدد DPA 2% 15 Year Amortized دخل الأسرة بما لا يتجاوز 100% من الدخل الوسيط في المنطقة، وهو يختلف بحسب المقاطعة وحجم الأسرة. MassHousing 2026 income limits: up to 100% AMI in non-Gateway communities (varies by county/household; e.g., $76,960 1-person Boston-Cambridge balance-of-state to $130,800 4+ person Boston/Gateway 100% tier). Borrowers in Boston + 26 designated Gateway Cities (Attleboro, Barnstable, Brockton, Chelsea, Chicopee, Everett, Fall River, Fitchburg, Framingham, Haverhill, Holyoke, Lawrence, Leominster, Lowell, Lynn, Malden, Methuen, New Bedford, Peabody, Pittsfield, Quincy, Randolph, Revere, Salem, Springfield, Taunton, Westfield, Worcester) qualify up to 135% AMI. Verify by county and household size on MassHousing income-limits page. 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 DPA 2% 15 Year Amortized حدًا لسعر الشراء على النحو التالي: MassHousing 2026 maximum purchase price approximately $838,717 in most areas (1-unit), with higher limits in Boston/Cambridge and 2-4 unit properties. Verify on MassHousing limits page; limits adjust annually with FHFA conforming caps. تشمل أنواع العقارات المؤهلة Single-family detached, 2-4 unit owner-occupied, condominium (project-approved), townhouse, PUD. Per MassHousing first-mortgage overlays. المنازل حديثة البناء مؤهلة. المنازل الجاهزة (المصنّعة) غير مؤهلة.

يذكر DPA 2% 15 Year Amortized المحاربين القدامى، أفراد الخدمة العسكرية العاملين، جنود الاحتياط وأفراد الحرس الوطني والأزواج والزوجات الباقين على قيد الحياة ضمن الفئات التي يخدمها. ذِكر فئة هنا يعني أن البرنامج يذكرها، لا أن الانتماء إليها وحده يجعل المتقدم مستوفيًا للشروط؛ إذ تظل بقية قواعد الأهلية سارية.

يخدم DPA 2% 15 Year Amortized مشتري المنازل الذين يشترون في Statewide، Massachusetts. يستهدف البرنامج مناطق محددة: Federally designated targeted census tracts (per IRS Section 143) plus Boston and 26 designated Gateway Cities qualify for higher 135% AMI income limits and (for the deferred WFA 4.0 product) higher $50,000 DPA cap. Verify by jurisdiction.

تُقدَّم طلبات DPA 2% 15 Year Amortized عبر الجهة المسؤولة عن إدارة البرنامج، التي تنشر الشروط الحالية وخطوات التقديم على موقعها. تُحجز الأموال عبر Reserved through MassHousing eMasshousing lender portal at time of rate lock by MassHousing-approved participating lender. Daily rate sheet posted on lender library. Hey Prescott ليست جهة إقراض ولا تقبل الطلبات؛ تصف هذه الصفحة البرنامج ليتمكن مشتري المنزل من عرضه على جهة إقراض أو مستشار إسكان.