100+ Advantage Loan Program

100+ Advantage Loan Program es un préstamo de plusvalía compartida para compradores de vivienda en Durango, Colorado. 100+ Advantage is HomesFund's middle-/workforce-income tier of shared-appreciation down payment assistance. Designed for households earning above 100% AMI but who are still priced out of southwest Colorado's expensive housing market (Durango median home prices routinely exceed $600K). HomesFund acts as a co-investor: provides a deferred-payment 2nd mortgage in exchange for a pro-rata share of the home's future appreciation. Repayment due at sale, transfer, cash-out refi, loss of owner-occupancy, or 30-year maturity. Workforce / above-100%-AMI tier of HomesFund's shared-appreciation down payment assistance loan. Up to $100,000+ (typical range $15,000-$100,000) of 2nd-mortgage assistance with NO MONTHLY PAYMENT FOR THE LIFE OF THE LOAN. Principal plus pro-rata share of home appreciation repaid at sale, cash-out refi, title transfer, loss of owner-occupancy, or 30-year maturity. Los fondos provienen de CDFI, Local Government y Foundation.

100+ Advantage Loan Program es un préstamo de plusvalía compartida y se reembolsa según los términos que fija la agencia que administra el programa. El reembolso se activa por Sale, transfer of title, cash-out refinance, loss of owner-occupancy, or 30-year maturity -- principal plus pro-rata share of appreciation due. La ayuda se registra con un gravamen en posición 2nd. 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.

100+ Advantage Loan Program está abierto a compradores de vivienda que vivirán en la vivienda como su residencia principal. Sobre el crédito, el programa indica: 620 minimum FICO; lender overlays may apply. Se requiere un curso de educación para compradores de vivienda, a través de HomesFund-administered HUD-approved Homebuyer Education (online via eHome America or in-person classes scheduled through https://homesfund.org/attend-a-class/). Required 1-on-1 counseling with a HomesFund Housing Counselor. Requisito de residencia: Property must be borrower's primary residence and located in La Plata, Montezuma, Archuleta, Dolores, or San Juan County, CO. Ciudadanía o situación migratoria: Per first-mortgage product / AUS findings. Must complete HomesFund Homebuyer Education and submit complete application package; meet with a HomesFund Housing Counselor. Must intend property as primary residence. Borrower may not own other residential real estate at closing (concurrent closings permitted). Asset/net-worth caps apply per HomesFund underwriting. Property must be located in HomesFund's 5-county service area. Subject to fund availability.

100+ Advantage Loan Program limita el ingreso del hogar al 150% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. Income limits vary by household size and county within the 5-county service area. 100+ Advantage tier serves households >100% AMI up to approximately 150% AMI. Per Freddie Mac DPA One: $60,900 (1-person, smallest-county) to $164,640 (large-household, La Plata). Verify current HUD income limits with HomesFund staff. 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.

100+ Advantage Loan Program limita el precio de compra a $640,000. Los tipos de propiedad elegibles incluyen Single-family detached, townhome, warrantable condo, PUD, manufactured home (with land, on permanent foundation). La construcción nueva es elegible. Las viviendas prefabricadas son elegibles.

100+ Advantage Loan Program atiende a compradores de vivienda que compran en Durango, Colorado.

Las solicitudes de 100+ Advantage Loan Program 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 First-come, first-served via complete application package to HomesFund (https://homesfund.org/application/); reviewed by HomesFund underwriting/loan committee. 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.