City of Racine Employee Homebuyer Assistance Program

City of Racine Employee Homebuyer Assistance Program هو قرض قابل للإعفاء لمشتري المنازل في Racine، Wisconsin، وتديره City of Racine Department of City Development (Division of Economic Development and Housing). An employer-assisted homebuyer benefit providing up to $10,000 in down payment and closing-cost assistance to employees of the City of Racine or the Racine Water/Wastewater Utility who buy a principal residence in the City of Racine. The assistance is a 0% forgivable loan secured by a recorded second mortgage, forgiven 1/7th per year and fully forgiven after seven years of continuous owner-occupancy. The actual award (between $1,000 and $10,000) is limited to the down payment and closing costs shown on the closing disclosure. Up to $10,000 toward down payment and closing costs. 0% interest, no monthly payment. Fully forgivable after 7 years of owner-occupancy. يأتي التمويل من City of Racine municipal funds (City/utility employee benefit program).

يقدم City of Racine Employee Homebuyer Assistance Program مساعدة تتراوح بين $1,000 و$10,000. يمكن الجمع بين البرنامج وBorrower's primary mortgage; funded as a standalone municipal employee benefit. المبالغ هي الحدود القصوى التي ينشرها البرنامج، وليست عرضًا؛ City of Racine Department of City Development (Division of Economic Development and Housing) هي التي تحدد أي مبلغ يُمنح لكل شخص.

يُعفى من City of Racine Employee Homebuyer Assistance Program بعد 7 سنوات، لذا فإن مشتري المنزل الذي يبقى طوال هذه المدة لا يسدده. يُستحق السداد عند Sale, transfer, cash-out refinance, ceasing owner-occupancy, or leasing the property before the 7-year forgiveness period elapses; unforgiven balance becomes due. Forgiven 1/7th per year. تُسجَّل المساعدة في مرتبة الرهن: Second (recorded mortgage behind the first mortgage). يحدد البرنامج شروط الإعفاء والسداد وقد تتغير؛ تحقّق منها في الصفحة الرسمية للبرنامج قبل التقديم.

City of Racine Employee Homebuyer Assistance Program مفتوح أمام مشتري المنازل الذين سيسكنون المنزل كمسكن رئيسي. شرط الإقامة: Must purchase a principal residence within the City of Racine; buyer must not already own their principal residence in the City of Racine. Restricted to employees of the City of Racine or Racine Water/Wastewater Utility. Buyer must not currently own a principal residence in the City of Racine. Minimum award $1,000; leasing prohibited. No published credit score, DTI, AMI, or purchase-price limit in the term sheet (left blank, not guessed). Funding limited / first-come, first-served.

يحدد City of Racine Employee Homebuyer Assistance Program حد الدخل على النحو التالي: No published income cap in the program term sheet; household income collected on intake only to refer applicants to additional income-based funding. Eligibility is driven by employment, not an AMI limit. 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.

يمكن استخدام City of Racine Employee Homebuyer Assistance Program لـSingle Family. المنازل حديثة البناء مؤهلة.

يخدم City of Racine Employee Homebuyer Assistance Program مشتري المنازل الذين يشترون في Racine، Wisconsin.

تُقدَّم طلبات City of Racine Employee Homebuyer Assistance Program عبر City of Racine Department of City Development (Division of Economic Development and Housing)، التي تنشر الشروط الحالية وخطوات التقديم على موقعها. تُحجز الأموال عبر First-come, first-served; funding limited. Intake application to City Development; approval letter/term sheet issued for the lender. Hey Prescott ليست جهة إقراض ولا تقبل الطلبات؛ تصف هذه الصفحة البرنامج ليتمكن مشتري المنزل من عرضه على جهة إقراض أو مستشار إسكان.