Summit Revolving Loan Fund Down Payment Assistance Loan Program

Summit Revolving Loan Fund Down Payment Assistance Loan Program es un segundo préstamo diferido para compradores de vivienda en Frisco, Colorado. The Summit Revolving Loan Fund (RLF) is Summit Combined Housing Authority's flagship down payment assistance product, funded by Summit County voters' 5A sales tax (originally approved in 2006 at 0.125% and increased in 2016 to 0.6%). The RLF provides a 2% interest second mortgage of up to $40,000 (raised from $25,000) with no monthly payments — repaid in full upon sale, refinance, transfer, or loss of owner-occupancy. Available to Summit County workforce buyers between roughly 76% and 160% AMI, with a minimum 620 credit score. Funds may be used for both deed-restricted and free-market purchases and, for deed-restricted owners, HOA dues or unexpected-expense fees. Up to $40,000 from the Summit Revolving Loan Fund as a 2% interest, no-monthly-payment second-mortgage style DPA. Loan principal and interest are due upon sale, refinance, transfer, or loss of owner-occupancy. Funds may be applied to down payment, closing costs, and (for deed-restricted units) HOA assessments and unexpected-expense fees. Los fondos provienen de Local Government (Summit County 5A sales tax).

Summit Revolving Loan Fund Down Payment Assistance Loan Program es diferido, así que no hay pagos hasta que la vivienda se venda o se refinancie, o se termine de pagar la primera hipoteca. El reembolso se activa por Sale, transfer, refinance, or loss of owner-occupancy (deferred until then). 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.

Summit Revolving Loan Fund Down Payment Assistance 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. Se requiere un curso de educación para compradores de vivienda, a través de Summit Combined Housing Authority; eHomeAmerica (online). Requisito de residencia: Property must be in Summit County and owner-occupied as primary residence. Ciudadanía o situación migratoria: U.S. citizen or eligible non-citizen (per first-mortgage requirements). Household income between approximately 76% AMI and 160% AMI for Summit County (4-person example: roughly $64,100 - $136,160). Minimum credit score 620. Property must be owner-occupied primary residence in Summit County (Breckenridge, Frisco, Dillon, Silverthorne, Keystone, Copper Mountain, Blue River, Montezuma, unincorporated Summit County). Loan funds available for both deed-restricted units and free-market homes within county purchase-price guidelines. Mandatory homebuyer education through SCHA (eHomeAmerica online or in-person classes). Funded by Summit County's voter-approved 5A sales-tax revenues (0.6% sales tax dedicated to affordable housing).

Summit Revolving Loan Fund Down Payment Assistance Loan Program limita el ingreso del hogar al 160% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. Eligible household income approximately 76% AMI to 160% AMI for Summit County, scaled by household size — sample 4-person range $64,100 - $136,160. 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.

Summit Revolving Loan Fund Down Payment Assistance Loan Program limita el precio de compra así: No published maximum purchase price; SCHA reviews on a case-by-case basis subject to deed-restriction price caps where applicable. Los tipos de propiedad elegibles incluyen Single-family detached, Townhome y Condominium. La construcción nueva es elegible.

Summit Revolving Loan Fund Down Payment Assistance Loan Program atiende a compradores de vivienda que compran en Frisco, Colorado.

Las solicitudes de Summit Revolving Loan Fund 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 Application via Summit Combined Housing Authority (summithousing.us/lending). 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.