House to Homeownership (H2O) Down Payment Assistance Loan Program

House to Homeownership (H2O) Down Payment Assistance Loan Program es un préstamo de plusvalía compartida para compradores de vivienda en Boulder, Colorado. The City of Boulder's House to Homeownership (H2O) Program is a shared-appreciation down payment assistance loan program for first-time homebuyers purchasing a market-rate home within Boulder city limits. The City provides up to $100,000 as a zero-interest, deferred-payment second mortgage. No monthly payments are required for up to 30 years. The loan becomes due in full upon sale, refinance, or transfer of title, plus a share of the home's appreciation proportional to the City's investment. The program is administered on the City's behalf by Impact Development Fund (IDF), a Colorado CDFI. Zero-interest, deferred shared-appreciation second mortgage of up to $100,000 toward the purchase of a market-rate home in Boulder city limits. No monthly payments for up to 30 years. principal plus a percentage of appreciation due at sale, refinance, or title transfer. Los fondos provienen de Local Government y City Affordable Housing Fund.

House to Homeownership (H2O) Down Payment Assistance 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, refinance, or title transfer y no monthly payments for the 30-year term. Principal plus the City's pro-rata share of appreciation is due in full at the trigger event. La ayuda se registra con un gravamen en posición 2. 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.

House to Homeownership (H2O) Down Payment Assistance Loan Program está abierto a compradores de vivienda por primera vez y compradores de vivienda que vivirán en la vivienda como su residencia principal. “Primera vez” tiene excepciones aquí: Divorced applicants within the prior 3 years are exempt from the first-time-homebuyer requirement. Sobre el crédito, el programa indica: Not published by the City; subject to first-mortgage lender underwriting. Se requiere un curso de educación para compradores de vivienda, a través de City of Boulder homebuyer orientation; HUD-approved homebuyer education courses required prior to closing. Requisito de residencia: Must work in the City of Boulder; home must be located within City of Boulder city limits and be owner-occupied. Ciudadanía o situación migratoria: U.S. citizen or qualified non-citizen per first-mortgage lender requirements. First-time homebuyer (no homeownership in prior 3 years, divorce exception). Must work in the City of Boulder with at least 1 year of work history within most recent 12 months and 30+ hours/week (unless retired or disabled). Minimum $2,000 buyer contribution. DTI may not exceed 42%. Asset cap (125% of income max) applies; some retirement assets are exempt. Maximum bedrooms may exceed household size by only one. Owner-occupied; rental restrictions apply. Must qualify for first mortgage and complete city orientation plus homebuyer education.

House to Homeownership (H2O) Down Payment Assistance Loan Program limita el ingreso del hogar al 120% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. Household income capped at 120% AMI per HUD Boulder MSA. Income max by household size: 1-person $126,600; 2-person $144,600; 3-person $162,720; 4-person $180,720; 5-person $195,240; 6-person $209,640; 7-person $224,160; 8-person $238,560. Asset max equals 125% of income max ($158,250-$298,200). Note: Freddie Mac DPA One reflects an older income table ($111,600-$210,360); current City of Boulder limits are higher. El límite se aplica al ingreso total del hogar, no solo al del prestatario. El programa indica un tamaño máximo de hogar de 8. 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.

House to Homeownership (H2O) Down Payment Assistance Loan Program limita el precio de compra así: No fixed maximum purchase price published; loan capped at $100,000 and limited by first-mortgage underwriting and Boulder market rate home values. Los tipos de propiedad elegibles incluyen Single-family detached, Townhome y Condominium (market-rate, owner-occupied). La construcción nueva es elegible. Las viviendas prefabricadas no son elegibles.

House to Homeownership (H2O) Down Payment Assistance Loan Program atiende a compradores de vivienda que compran en Boulder, Colorado.

Las solicitudes de House to Homeownership (H2O) Down Payment Assistance 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; applicants apply directly to Impact Development Fund (IDF). 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.