Healthy Neighborhoods Purchase & Rehab Loan

Healthy Neighborhoods Purchase & Rehab Loan es una primera hipoteca para compradores de vivienda en Baltimore, Maryland, a cargo de Healthy Neighborhoods, Inc. The Healthy Neighborhoods Purchase & Rehab Loan is a fixed-rate first mortgage (originated by M&T Bank through HNI's loan pool) for owner-occupants buying and renovating a home on a designated Healthy Neighborhoods target block in Baltimore City. The rate is roughly 1% below prevailing market (floor 3%), no PMI is required, and borrowers may finance up to 110% of the after-rehabilitation appraised value to a maximum loan of $375,000 after contributing 3% of the purchase price plus rehab. It is a 'two-close' construction-to-permanent loan with a maximum 30-year term, and income-eligible borrowers may pair it with the HNI Matching Grant of up to $10,000. Fixed rate ~1% below market (floor 3%). Finance up to 110% of after-rehab value. No private mortgage insurance. Low 3% down (purchase + rehab). Architectural/design assistance. Pairs with Matching Grant up to $10,000. Funds both purchase and renovation. Los fondos provienen de Healthy Neighborhoods, Inc. loan pool; originated/underwritten by M&T Bank; Maryland Housing Fund pool insurance.

Healthy Neighborhoods Purchase & Rehab Loan es una primera hipoteca y se reembolsa según los términos que fija Healthy Neighborhoods, Inc.. La ayuda se registra con un gravamen en posición First. 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.

Healthy Neighborhoods Purchase & Rehab Loan está abierto a compradores de vivienda que vivirán en la vivienda como su residencia principal. Sobre el crédito, el programa indica: Minimum credit score of 620; borrower may not have any open derogatory credit items. Property must be on an HNI target block and require a rehab project; contractor scope/costs approved by HNI before loan application; MHIC-licensed insured general contractor required; rental-property owners ineligible; $300 construction-draw management fee.

Healthy Neighborhoods Purchase & Rehab Loan se puede usar para Single Family y 2-4 Unit. La construcción nueva no es elegible.

Healthy Neighborhoods Purchase & Rehab Loan atiende a compradores de vivienda que compran en Baltimore, Maryland. El programa se dirige a áreas específicas: Designated Healthy Neighborhoods target blocks across 60+ Baltimore City neighborhoods (Abell, Belair-Edison, Charles Village, Cherry Hill, Glen, Highlandtown, Mount Vernon, Patterson Park, Pigtown, Remington, Reservoir Hill, Waverly, others).

Las solicitudes de Healthy Neighborhoods Purchase & Rehab Loan se tramitan a través de Healthy Neighborhoods, Inc., 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.