SICOG / SIDG Housing Revolving Loan Fund (H-RLF) Down Payment Assistance

SICOG / SIDG Housing Revolving Loan Fund (H-RLF) Down Payment Assistance es un segundo préstamo diferido para compradores de vivienda en Creston, Iowa, a cargo de Southern Iowa Council of Governments (SICOG) / Southern Iowa Development Group, Inc. (SIDG). The Southern Iowa Development Group, Inc. Housing Revolving Loan Fund (SIDG H-RLF), administered through SICOG, helps first-time homebuyers in SIDG's eight-county region overcome the down payment obstacle. Loans of up to $6,500 are made for down payment assistance only and must be matched dollar-for-dollar with the borrower's own funds. The loan carries a fixed 2% interest rate over a seven-year term, with the first two years deferred of interest and payments. A $100 application fee and 1% closing cost apply. The home must be the borrower's principal residence. Each loan requires a 25% local match (from a local bank, development group, realtor, city, county, or private individual). A first-time homebuyer is someone who has not owned or purchased a home in the last three years. Down payment assistance loan up to $6,500. Fixed 2% interest with first two years deferred. Seven-year term. Los fondos provienen de Southern Iowa Development Group, Inc. Housing Revolving Loan Fund (SIDG H-RLF); requires 25% local match (bank, development group, realtor, city, county, or private individual).

SICOG / SIDG Housing Revolving Loan Fund (H-RLF) Down Payment Assistance ofrece hasta $6,500 de ayuda. Aporte del comprador de vivienda: Borrower must match the loan dollar-for-dollar with their own funds (e.g., up to $6,500 borrower contribution for a $6,500 loan). Los montos son los máximos publicados por el programa, no una oferta: Southern Iowa Council of Governments (SICOG) / Southern Iowa Development Group, Inc. (SIDG) determina cualquier ayuda individual.

SICOG / SIDG Housing Revolving Loan Fund (H-RLF) Down Payment Assistance 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 Repayable loan: 7-year term with the first two years deferred of interest and payments; principal and 2% interest repaid over the remaining term. Not forgivable. Official source does not state acceleration on sale/refinance/loss of owner-occupancy. 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.

SICOG / SIDG Housing Revolving Loan Fund (H-RLF) Down Payment Assistance 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. Requisito de residencia: Property must be located in one of SIDG's eight counties (Adair, Adams, Clarke, Decatur, Madison, Ringgold, Taylor, Union) where local match has been provided. staged from primary sources (sicog.com/housing + H-RLF brochure); verify before publishing. Distinct from the SW Iowa SWIPCO program. Income table, credit/DTI, max purchase price, and education requirements not published on the official source; left blank.

SICOG / SIDG Housing Revolving Loan Fund (H-RLF) Down Payment Assistance fija su límite de ingresos así: No hard income cap is published; SIDG can generally make a loan to a borrower at any income level, but at least 51% of first-time homebuyers assisted must meet low-to-moderate income guidelines. Specific income tables by household size are not published on the official source. 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.

SICOG / SIDG Housing Revolving Loan Fund (H-RLF) Down Payment Assistance se puede usar para Single Family.

SICOG / SIDG Housing Revolving Loan Fund (H-RLF) Down Payment Assistance atiende a compradores de vivienda que compran en Creston, Iowa.

Las solicitudes de SICOG / SIDG Housing Revolving Loan Fund (H-RLF) Down Payment Assistance se tramitan a través de Southern Iowa Council of Governments (SICOG) / Southern Iowa Development Group, Inc. (SIDG), que publica los términos vigentes y los pasos de la solicitud en su propio sitio. Los fondos se reservan a través de Buyer typically contacts a participating local financial institution or realtor, which conducts the initial loan review and signs the SIDG loan application; inquiry form submitted to SICOG at (641) 782-8491. 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.