HRDC's Road to Home Down Payment Assistance

HRDC's Road to Home Down Payment Assistance es un segundo préstamo diferido para compradores de vivienda en Bozeman, Montana. SW MT Community Housing Trust 0% deferred second mortgage for FTHBs in Gallatin/Park/Meagher counties; pairs with an MBOH first mortgage. Independent 501(c)(3) sister org to HRDC. The Road to Home Down Payment Assistance program is administered by the Southwest Montana Community Housing Trust (SW MT CHT) - a separate 501(c)(3) Community Land Trust originally incubated by HRDC and continuing as an HRDC partner organization. Provides 0% deferred-payment second mortgages to first-time homebuyers purchasing in Gallatin, Park, or Meagher counties. Loan amount sized to need. pairs with an MBOH Regular Bond first mortgage. 0% interest, no monthly payments. balance due on sale, refinance, payoff, or non-owner-occupancy. Borrower must contribute 1% of purchase price. Net Asset cap applies post-closing. Required SW MT CHT / HRDC Homebuyer Education. The proposed first-mortgage interest rate must be fixed for the entire term and cannot exceed the MBOH loan rate by more than 1.5 points. Los fondos provienen de Federal y HOME.

HRDC's Road to Home 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 Full balance due on sale, refinance, payoff of first mortgage, transfer, or non-owner-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.

HRDC's Road to Home 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. “Primera vez” tiene excepciones aquí: FTHB defined per MBOH; no ownership of principal residence in past 3 years; no one in household may currently own residential property. Sobre el crédito, el programa indica: 620 minimum mid-FICO (matches MBOH); per SW MT CHT and first-mortgage lender requirements. Se requiere un curso de educación para compradores de vivienda, a través de SW MT CHT or HRDC-administered Homebuyer Education (HUD-approved curriculum, e.g., Framework or eHome America) plus 1:1 counseling. Requisito de residencia: Property must be located in Gallatin, Park, or Meagher County, Montana, and serve as borrower's primary residence. Ciudadanía o situación migratoria: U.S. citizen or eligible non-citizen per HUD HOME requirements. Property must be located in Gallatin, Park, or Meagher County, Montana. Must qualify as a first-time homebuyer per MBOH definition (no ownership of principal residence in past 3 years; no current ownership of residential property by anyone in household). Owner-occupied principal residence. Income within program guidelines (HUD HOME income limits; per seed $48,100 1p up to $115,150 8p; some tiers extend to 120% AMI). Net Asset cap applies after closing. 1% borrower contribution required. Homebuyer education required. First-mortgage interest rate must be fixed for full term and cannot exceed MBOH rate by more than 1.5 points.

HRDC's Road to Home Down Payment Assistance limita el ingreso del hogar al 120% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. HUD HOME income limits for Gallatin / Park / Meagher counties; per seed $48,100 (1p) up to $115,150 (8p Gallatin County 80% AMI). Some workforce-housing tiers extend to 120% AMI. 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.

HRDC's Road to Home Down Payment Assistance limita el precio de compra a $513,000. Los tipos de propiedad elegibles incluyen Single-family detached, condominium, townhouse, PUD y CLT-encumbered properties also eligible. Manufactured home on permanent foundation per overlays. La construcción nueva es elegible. Las viviendas prefabricadas son elegibles.

HRDC's Road to Home Down Payment Assistance menciona a miembros del servicio militar activo, reservistas y miembros de la Guardia Nacional y cónyuges sobrevivientes entre los grupos a los que atiende. Aparecer aquí significa que el programa menciona al grupo, no que pertenecer a él baste por sí solo para que un solicitante califique; las demás reglas de elegibilidad siguen aplicándose.

HRDC's Road to Home Down Payment Assistance atiende a compradores de vivienda que compran en Bozeman, Montana.

Las solicitudes de HRDC's Road to Home 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 SW MT CHT; subject to funding availability and homebuyer education completion. 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.