Perry Bolton Mortgage Assistance Program

Perry Bolton Mortgage Assistance Program es un préstamo condonable para compradores de vivienda en Atlanta, Georgia. The Perry Bolton Mortgage Assistance Program uses Perry Bolton Tax Allocation District (TAD) tax-increment funds to offer down payment and closing-cost assistance for homebuyers purchasing within the Perry Bolton TAD in northwest Atlanta. Buyers at or below 80% AMI purchasing homes deemed permanently affordable can receive up to $20,000; buyers up to 120% AMI purchasing market-rate homes within the TAD can receive $10,000. Assistance is a 0% soft second mortgage fully forgiven after 5 years of owner-occupancy. Workforce-focused and intended to support redevelopment of the former Perry Homes / Bolton Road area. Tiered DPA in the Perry Bolton Tax Allocation District (NW Atlanta): $20,000 for buyers at or below 80% AMI purchasing permanently affordable homes, or $10,000 for buyers up to 120% AMI purchasing market-rate homes inside the TAD. Structured as a 0% soft second mortgage fully forgiven after 5 years of owner-occupancy. Los fondos provienen de Perry Bolton TAD (Tax Allocation District) tax-increment funds.

Perry Bolton Mortgage Assistance Program se perdona después de 5 años, así que un comprador de vivienda que se quede ese tiempo no lo devuelve. El reembolso se activa por Sale, transfer, refinance (cash-out), or loss of owner-occupancy within the 5-year affordability period. La ayuda se registra con un gravamen en posición Subordinate (2nd 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.

Perry Bolton Mortgage Assistance Program está abierto a compradores de vivienda que vivirán en la vivienda como su residencia principal. Sobre el crédito, el programa indica: Set by participating lender (typically 620-660 minimum). Se requiere un curso de educación para compradores de vivienda, a través de Invest Atlanta-approved HUD-certified homebuyer-education providers. Requisito de residencia: Property must be inside the Perry Bolton Tax Allocation District (NW Atlanta) and occupied as primary residence. Property must be located within the Perry Bolton Tax Allocation District in northwest Atlanta. Maximum purchase price $300,000. $25,000 liquid-asset cap. Must contribute $1,500 of own funds. $1,000 program fee. Owner-occupied primary residence; cannot own other property at closing. Must qualify for a 30-year fixed FHA, VA, or conventional first mortgage with an Invest Atlanta participating lender. Must complete homebuyer education. 5-year affordability covenant.

Perry Bolton Mortgage Assistance Program limita el ingreso del hogar a $148,080. 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.

Perry Bolton Mortgage Assistance Program limita el precio de compra a $300,000. Los tipos de propiedad elegibles incluyen Single-Family, 2-4 Unit, Townhome y Condo. La construcción nueva es elegible. Las viviendas prefabricadas no son elegibles.

Perry Bolton Mortgage Assistance Program atiende a compradores de vivienda que compran en Atlanta, Georgia. El programa se dirige a áreas específicas: Perry Bolton Tax Allocation District (TAD) — northwest Atlanta neighborhoods including the former Perry Homes / Bolton Road redevelopment area, established by the City of Atlanta in 2002.

Las solicitudes de Perry Bolton Mortgage Assistance 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 Reservations made by participating lender through eHousingPlus once buyer is under contract. 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.