Closing Cost Assistance Program (CCAP)

Closing Cost Assistance Program (CCAP) es una subvención para compradores de vivienda en Statewide, Alaska. The AHFC Closing Cost Assistance Program (CCAP), governed by Section 5013 of the AHFC Sellers Guide, provides 3% or 4% of the initial mortgage principal balance (depending on loan type and credit score) to qualified Alaskan homebuyers using an AHFC FHA, VA, or USDA-RHS first mortgage. Assistance is wired by AHFC directly to the closing table as a non-repayable contribution and may be applied to down payment, closing costs (including reserves), or principal reduction. The product is a 30-year fixed-rate first mortgage for purchase transactions only. Income limits, acquisition cost limits, and first-time homebuyer requirements do not apply. Minimum 640 credit score and 45% maximum total DTI required. Up to 4% of the initial principal balance of an AHFC FHA, VA, or USDA-RHS first mortgage delivered as non-repayable assistance at closing for use as down payment, closing costs (including reserves), and/or principal reduction. Cash back to borrower is strictly prohibited. No income limits, acquisition cost limits, or first-time homebuyer requirement. Available with a 30-year fixed-rate AHFC first mortgage. Los fondos provienen de AHFC corporate funds delivered as Housing Finance Agency (HFA) closing assistance.

Closing Cost Assistance Program (CCAP) está estructurado como una subvención, así que no se devuelve. El reembolso se activa por None - assistance is non-repayable y cash back to borrower is strictly prohibited. La ayuda se registra con un gravamen en posición First (CCAP assistance is delivered as closing funds, not as a separate lien). Los términos de condonación y reembolso los fija el programa y pueden cambiar; confírmalos en la página oficial del programa antes de presentar la solicitud.

Closing Cost Assistance Program (CCAP) está abierto a compradores de vivienda que vivirán en la vivienda como su residencia principal. Sobre el crédito, el programa indica: 640 minimum (per Section 5013.02.A.9). For FHA: 640-659 receive 3% assistance; manually-underwritten FHA loans receive 3% regardless of score; FHA scores 660+ with automated approval receive 4%. VA and USDA-RHS receive 4% regardless of credit score (with 640 minimum). Requisito de residencia: Borrower must be an Alaska resident; property must be in Alaska and owner-occupied as primary residence. Ciudadanía o situación migratoria: Per FHA/VA/USDA guidelines (U.S. citizen, permanent resident, or qualifying non-permanent resident). Purchase transactions only - refinance is not eligible. Borrower must be an Alaska resident, occupy property as primary residence, complete Form PUR-80 (Waiver and Release of Liability), Form UND-22 (no back child support), satisfactory home inspection, and underwriter certification of all criteria within 15 days of reservation. Funds wired to closing as 'Funds from HFA - Alaska Housing Finance Corporation' on HUD-1 line 204-209. 48-hour notice to AHFC required for wire (Form UND-15). Loan must be closed and delivered to servicer within 45 days of reservation; purchased within 70 days (one 30-day extension available, $375 fee).

Closing Cost Assistance Program (CCAP) fija su límite de ingresos así: No AHFC-specific income limits apply to CCAP. Underlying FHA, VA, or USDA-RHS guidelines apply (USDA-RHS has its own income limit). For reference, FY2025 Alaska Low Income Limits (effective May 12, 2025), 4-person household: Anchorage $129,000; Fairbanks North Star $114,900; Juneau $128,700; Mat-Su $120,600; Kenai Peninsula $114,300; Ketchikan Gateway $119,300; statewide low limit $114,300. El límite se aplica al ingreso total del hogar, no solo al del prestatario. Las cifras del ingreso mediano del área las publica HUD y se actualizan cada año, así que consulta la tabla vigente del condado antes de basarte en una cifra.

Closing Cost Assistance Program (CCAP) limita el precio de compra así: No AHFC acquisition cost limit (per Section 5013); FHA/VA/USDA loan limits apply via the underlying product. Los tipos de propiedad elegibles incluyen Single-family (one-unit) y Condominium. La construcción nueva es elegible. Las viviendas prefabricadas no son elegibles.

Closing Cost Assistance Program (CCAP) atiende a compradores de vivienda que compran en Statewide, Alaska.

Las solicitudes de Closing Cost Assistance Program (CCAP) se tramitan a través de la agencia que administra el programa, que publica los términos vigentes y los pasos de la solicitud en su propio sitio. Los fondos se reservan a través de AHFC Lender Online reservation; underwriter certification within 15 days; close/deliver within 45 days; purchase within 70 days (one $375 30-day extension available). Hey Prescott no es un prestamista y no acepta solicitudes; esta página describe el programa para que un comprador de vivienda pueda llevarlo a un prestamista o a un asesor de vivienda.