Deferred Closing Costs Assistance Loan

Deferred Closing Costs Assistance Loan es un segundo préstamo diferido para compradores de vivienda en Statewide, Hawaii. The Deferred Closing Costs Assistance Loan from HHOC Mortgage is a deferred 0% interest loan of up to $10,000 ($5,000 in Honolulu County) requiring $5,000 matched savings from the borrower. Funds may be used toward closing costs, including rate buy-down. No monthly payments; loan is deferred for 15 years or earlier upon sale, title change, cash-out refi/HELOC, or non-occupancy. Designed for low-income (up to 80% AMI) first-time homebuyers in Hawaii. Deferred closing-cost assistance loan with 0% interest and NO monthly payments. Funds may be used toward closing costs, including rate buy-down. Loan up to $10,000 (Honolulu County: up to $5,000) with required matched savings of $5,000 from the borrower. Deferred for 15 years or earlier upon sale, transfer of title, cash-out refinance, HELOC, or borrower no longer occupying property. Combinable with DPAL and Mortgage Booster. Los fondos provienen de Nonprofit, Foundation y Private.

Deferred Closing Costs Assistance Loan ofrece hasta $10,000 de ayuda. Aporte del comprador de vivienda: Borrower must contribute $5,000 matched savings (4:1 match: $2,500 borrower contribution unlocks up to $10,000). El programa se puede combinar con otras ayudas, sujeto a las reglas de cada una. Los montos son los máximos publicados por el programa, no una oferta: la agencia que administra el programa determina cualquier ayuda individual.

Deferred Closing Costs Assistance Loan 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 of title, cash-out refinance, HELOC, borrower ceases to occupy as primary residence, or end of 15-year deferral period. La ayuda se registra con un gravamen en posición 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.

Deferred Closing Costs Assistance Loan está abierto a compradores de vivienda por primera vez y compradores de vivienda que vivirán en la vivienda como su residencia principal. “Comprador de vivienda por primera vez” suele significar no haber sido dueño de una vivienda en los últimos tres años, pero el programa fija su propia definición. Sobre el crédito, el programa indica: Per first-mortgage product overlays (HHOC Mortgage typically requires mid-FICO of at least 640-700 depending on product). Se requiere un curso de educación para compradores de vivienda, a través de Hawaii HomeOwnership Center (HHOC) - approximately 9 hours of homebuyer education (live or online) plus one coaching session required. Requisito de residencia: Property must be located in the State of Hawaii and used as borrower's primary residence; yearly occupancy affidavit required. Ciudadanía o situación migratoria: U.S. citizen or U.S. permanent resident (per first-mortgage product overlays). First-time homebuyer (no ownership of primary residence in past 3 years). Must complete HHOC homebuyer education (~9 hours) and a coaching session with the Hawaii HomeOwnership Center. HHOC Mortgage must originate the first mortgage. Borrower must contribute $5,000 in matched savings. Property must be primary residence; yearly occupancy affidavit required. Honolulu County borrowers eligible for up to $5,000 only; all other counties up to $10,000.

Deferred Closing Costs Assistance Loan limita el ingreso del hogar al 80% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. Household income up to 80% of HUD Area Median Income (AMI) for the county where the property is located. Honolulu County FY25 100% AMI = $129,300 4-person; 80% AMI ~ $103,400 4-person. 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.

Deferred Closing Costs Assistance Loan limita el precio de compra así: No published purchase price cap; subject to first-mortgage product limits. Los tipos de propiedad elegibles incluyen Single-family detached, condominium, townhouse - principal residence only. La construcción nueva es elegible. Las viviendas prefabricadas no son elegibles.

Deferred Closing Costs Assistance Loan atiende a compradores de vivienda que compran en Statewide, Hawaii.

Las solicitudes de Deferred Closing Costs Assistance Loan 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 Funds reserved by HHOC Mortgage Loan Officer once borrower enters into a purchase contract. Funds may be limited; borrowers should communicate with HHOC Mortgage Loan Officer before submitting an offer. 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.