First Time Home Buyers Program (FTHB)

First Time Home Buyers Program (FTHB) es un segundo préstamo diferido para compradores de vivienda en Lawrence, Massachusetts. The City of Lawrence First Time Home Buyers (FTHB) Program assists low-to-moderate-income families purchasing residential, owner-occupied 1-4 unit property in Lawrence. Funded by HUD HOME and CDBG funds and administered by the City's Community Development Department, the program provides up to 5% of purchase price (not to exceed $25,000) as a 0% deferred second-lien loan with no monthly payments. Buyers must contribute 1.5% of the purchase price (or minimum $2,000) from their own funds and complete a CHAPA/HUD-approved homebuyer class. Awarded on a first-come, first-served basis once the buyer is under contract. Up to 5% of the purchase price (not to exceed $25,000) in down payment and eligible closing-cost assistance for income-qualified first-time buyers purchasing an owner-occupied 1-4 unit residential property in the City of Lawrence. Provided as a zero-interest deferred second-lien loan with no monthly payment for the life of the loan. Los fondos provienen de HOME, CDBG, Federal y Local Government.

First Time Home Buyers Program (FTHB) ofrece una ayuda equivalente al 5% del precio de compra, según lo fija el programa. El programa pide a los compradores de vivienda aportar 1.5% of the purchase price (or minimum $2,000 if purchase price below $100,000) from buyer's own funds. 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.

First Time Home Buyers Program (FTHB) 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 Due in full at sale, refinance, transfer of title, or when property is no longer the borrower's principal residence (deferred for life of first mortgage). La ayuda se registra con un gravamen en posición 2. 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.

First Time Home Buyers Program (FTHB) 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: First-time buyer required; no ownership in past 3 years (single-parent and displaced-homemaker exceptions apply). Sobre el crédito, el programa indica: Not formally published; per City underwriting standards, generally 620+ minimum (matches first-mortgage product floor). Se requiere un curso de educación para compradores de vivienda, a través de ACT Lawrence, Merrimack Valley Housing Partnership (MVHP) y HUD-approved housing counseling agencies (CHAPA-certified). Requisito de residencia: Property must be located within the City of Lawrence and used as the borrower's principal residence. Ciudadanía o situación migratoria: U.S. citizen or eligible non-citizen per HUD HOME and first-mortgage rules. First-time buyer required (no homeownership in past 3 years). Buyer must contribute 1.5% of the purchase price toward the down payment, or a minimum $2,000 on purchase prices below $100,000. Property must be located in Lawrence, owner-occupied, principal residence. Buyer must complete a CHAPA-approved homebuyer class and obtain pre-approval letter prior to scheduling an Intake Session at the Community Development Department. Apply only after acquiring an executed offer to purchase. Loan is a zero-interest deferred second-lien with no monthly payment, repayable upon sale, transfer, refinance, or change of occupancy. Property must meet HUD HOME / lead-paint standards.

First Time Home Buyers Program (FTHB) 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% HUD AMI for the Lawrence MA-NH HMFA: 1-person $55,950 to 8-person $86,300 (rounded; FY2025 HUD limits, current as of April 2026). El límite se aplica al ingreso total del hogar, no solo al del prestatario. El programa indica un tamaño máximo de hogar de 8. 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.

First Time Home Buyers Program (FTHB) limita el precio de compra a $821,000. Los tipos de propiedad elegibles incluyen Single-family detached, Condominium y 2-4 unit owner-occupied. La construcción nueva es elegible. Las viviendas prefabricadas no son elegibles.

First Time Home Buyers Program (FTHB) atiende a compradores de vivienda que compran en Lawrence, Massachusetts.

Las solicitudes de First Time Home Buyers Program (FTHB) 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 Applicant schedules an Intake Session with City Community Development; first-come, first-served once buyer has executed offer to purchase. 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.