NeighborWorks Pocatello Down Payment Assistance

NeighborWorks Pocatello Down Payment Assistance es una subvención para compradores de vivienda en Pocatello, Idaho. NeighborWorks Pocatello (NWP) - a NeighborWorks America-chartered CDFI Community Development Corporation - provides repayable secondary down payment and closing-cost assistance loans to homebuyers purchasing 1-4 unit owner-occupied properties in 11 Eastern/Southeastern Idaho counties (Bannock, Bear Lake, Bingham, Bonneville, Caribou, Franklin, Jefferson, Oneida, Fremont, Madison, Power). Open to non-first-time homebuyers. Income limit $170,000; liquid assets under $25,000; minimum $500 borrower contribution; maximum 50% DTI; no late payments in last 12 months. Mandatory NWP HomeBuyer Education class. NeighborWorks Pocatello (a CDFI / NeighborWorks America chartered Community Development Corporation) offers a repayable secondary down payment and closing-cost assistance loan to homebuyers in 11 Eastern/Southeastern Idaho counties. Borrower contributes only $500 of their own funds (earnest money satisfies). NOT a first-time-homebuyer-only program. Loan can cover closing costs but cannot satisfy the FHA 3.5% minimum borrower investment. Mandatory NWP HomeBuyer Education class. Maximum DTI 50%. No late payments in last 12 months. Liquid assets must be under $25,000 at closing. Los fondos provienen de Nonprofit, CDFI, NeighborWorks y Local.

NeighborWorks Pocatello Down Payment Assistance está estructurado como una subvención, así que no se devuelve. El reembolso se activa por Monthly amortizing payments y balance due at sale, refinance, or non-occupancy. 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.

NeighborWorks Pocatello Down Payment Assistance está abierto a compradores de vivienda que vivirán en la vivienda como su residencia principal. Sobre el crédito, el programa indica: Per NWP and primary lender underwriting; no late payments in last 12 months. Se requiere un curso de educación para compradores de vivienda, a través de NeighborWorks Pocatello HomeBuyer Education class (in-person or via eHomeAmerica online: ehomeamerica.org/nwpocatello). Requisito de residencia: Property must be in one of 11 NWP-eligible counties (Bannock, Bear Lake, Bingham, Bonneville, Caribou, Franklin, Jefferson, Oneida, Fremont, Madison, or Power) and used as borrower's primary residence (1-4 unit owner-occupied). Ciudadanía o situación migratoria: U.S. citizen or qualifying non-citizen with eligible immigration status. Property must be located in one of 11 Eastern/Southeastern Idaho counties: Bannock, Bear Lake, Bingham, Bonneville, Caribou, Franklin, Jefferson, Oneida, Fremont, Madison, or Power. Household income limited to $170,000. Liquid assets must be less than $25,000 at the time of closing. Borrower does NOT have to be first-time homebuyer. Must complete NeighborWorks Pocatello HomeBuyer Education class. Borrower must contribute $500 of their own money (earnest money can satisfy this). DTI maximum 50%. No late payments in last 12 months. Property must be 1-4 unit owner-occupied. NOTE: Loan will not satisfy FHA's 3.5% minimum borrower down payment requirement, but may be applied to closing costs on FHA loans.

NeighborWorks Pocatello Down Payment Assistance limita el ingreso del hogar a $170,000. 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.

NeighborWorks Pocatello Down Payment Assistance limita el precio de compra así: Per first-mortgage product overlays; no published NWP cap. Los tipos de propiedad elegibles incluyen 1-4 unit owner-occupied residential property (single-family, duplex, triplex, fourplex). La construcción nueva es elegible. Las viviendas prefabricadas son elegibles.

NeighborWorks Pocatello Down Payment Assistance atiende a compradores de vivienda que compran en Pocatello, Idaho.

Las solicitudes de NeighborWorks Pocatello Down Payment Assistance 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 Direct application to NeighborWorks Pocatello at 208-232-9468; restrictions apply per office consultation. 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.