City of Owensboro Down Payment Assistance Program

City of Owensboro Down Payment Assistance Program es un préstamo condonable para compradores de vivienda en Owensboro, Kentucky, a cargo de City of Owensboro (Community Development / Northwest NRSA). The City of Owensboro DPA helps low- and moderate-income residents by providing up to 10% of the home's sales price toward down payment and/or closing costs. Assistance is a deferred 'soft second' loan with no current interest or principal payments, secured by a second lien, forgiven after the affordability period if guidelines are met. The home must be in the City of Owensboro and occupied as the buyer's primary residence; the loan becomes due upon sale, transfer, refinance, default, or loss of owner-occupancy. Up to 10% of sales price. 0% interest deferred 'soft second' loan. No monthly payments. Forgiven after affordability period. No prepayment penalty. Usable for down payment, closing costs, and rate buy-down. Los fondos provienen de Federal HUD funds (HOME / CDBG) administered by the City of Owensboro.

City of Owensboro Down Payment Assistance Program ofrece una ayuda equivalente al 10% del precio de compra, según lo fija el programa. Los montos son los máximos publicados por el programa, no una oferta: City of Owensboro (Community Development / Northwest NRSA) determina cualquier ayuda individual.

City of Owensboro Down Payment Assistance Program es un préstamo condonable, así que el saldo se perdona una vez que se cumplen las condiciones del programa. El reembolso se activa por Deferred 'soft second' forgiven after the affordability period. Due upon sale, transfer, conveyance; failure to occupy as principal residence; default; or refinance of the first mortgage. Generally not due on death/divorce when remaining spouse occupies. La ayuda se registra con un gravamen en posición Second position (subordinate lien recorded with Daviess County Clerk). 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.

City of Owensboro Down Payment Assistance Program está abierto a compradores de vivienda por primera vez y compradores de vivienda que vivirán en la vivienda como su residencia principal. “Primera vez” tiene excepciones aquí: Must not have owned a principal residence within 3 years of application, and may not own other residential property. Sobre el crédito, el programa indica: No minimum credit score; applicant must have satisfactory credit and job/income stability and secure pre-approval of a 30-year fixed-rate first mortgage. Se requiere un curso de educación para compradores de vivienda, a través de Must complete a Homebuyer Education Training course (provider not specified). Requisito de residencia: Home must be located within the City of Owensboro corporate boundary. First-time buyer (no principal residence in 3 years). 30-year fixed-rate first mortgage from approved lender required (no subprime/balloon/ARM/neg-am; escrow required). Complete Homebuyer Education before applying. First mortgage + DPA <=100% of appraised value. Home must pass city + buyer-paid certified inspection; repairs >$10,000 disqualify unless seller completes them. Pre-1978 homes: lead-paint inspection. GAP: provider phone is general City Community Development line.

City of Owensboro Down Payment Assistance Program limita el ingreso del hogar al 80% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. Household income at or below 80% of HUD AMI for Owensboro/Daviess County. 2025: 1p $48,300; 2 $55,200; 3 $62,100; 4 $68,950; 5 $74,500; 6 $80,000; 7 $85,500; 8 $91,050. 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.

City of Owensboro Down Payment Assistance Program limita el precio de compra a $209,000. Los tipos de propiedad elegibles incluyen Single Family, Townhouse, Condo y Manufactured. La construcción nueva es elegible. Las viviendas prefabricadas son elegibles.

City of Owensboro Down Payment Assistance Program atiende a compradores de vivienda que compran en Owensboro, Kentucky.

Las solicitudes de City of Owensboro Down Payment Assistance Program se tramitan a través de City of Owensboro (Community Development / Northwest NRSA), que publica los términos vigentes y los pasos de la solicitud en su propio sitio. 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.