Mountain Housing Opportunities Down Payment Assistance Program (DAP)

Mountain Housing Opportunities Down Payment Assistance Program (DAP) es un préstamo de plusvalía compartida para compradores de vivienda en Asheville, North Carolina, a cargo de Mountain Housing Opportunities, Inc. Mountain Housing Opportunities (MHO), a nonprofit serving Asheville and Western North Carolina, offers a Down Payment Assistance Program (DAP) that fills the cash gap between a homebuyer first mortgage and the total cost to purchase a home. Funds can be used for down payment, closing costs, or to increase purchasing power. Assistance is a deferred, no-monthly-payment shared-appreciation second mortgage. The City of Asheville does not operate a standalone DPA program; it administers federal HOME consortium funds sub-granted to nonprofit providers such as MHO. Serves Buncombe (including Asheville), Henderson, Madison, and Haywood counties. Up to $40,000 in the City of Asheville; up to $30,000 in Buncombe, Henderson, Madison and Haywood counties. Deferred loan with no monthly payments. Funds for down payment, closing costs, or increased purchasing power.

Mountain Housing Opportunities Down Payment Assistance Program (DAP) ofrece hasta $40,000 de ayuda. Niveles de ayuda: City of Asheville: up to $40,000. Buncombe (outside Asheville), Henderson, Madison, Haywood: up to $30,000. Aporte del comprador de vivienda: Must have $1,000 of own funds to place toward the purchase. El programa se puede combinar con A compatible first mortgage (USDA Guaranteed, NCHFA Home Advantage, USDA 502 Direct, conventional, or qualifying portfolio loan). Los montos son los máximos publicados por el programa, no una oferta: Mountain Housing Opportunities, Inc. determina cualquier ayuda individual.

Mountain Housing Opportunities Down Payment Assistance Program (DAP) es un préstamo de plusvalía compartida y se reembolsa según los términos que fija Mountain Housing Opportunities, Inc.. El reembolso se activa por Due on earliest of: sale or transfer, default on the first mortgage, or property ceasing to be principal residence. La ayuda se registra con un gravamen en posición Subordinate (second mortgage); MHO Deed of Trust subordinated to the first loan. 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.

Mountain Housing Opportunities Down Payment Assistance Program (DAP) está abierto a compradores de vivienda por primera vez y compradores de vivienda que vivirán en la vivienda como su residencia principal. “Comprador de vivienda por primera vez” suele significar no haber sido dueño de una vivienda en los últimos tres años, pero el programa fija su propia definición. Sobre el crédito, el programa indica: At least 640, or acceptable alternative credit. Below 640 requires credit counseling with OnTrack first. Se requiere un curso de educación para compradores de vivienda, a través de OnTrack Financial Education & Counseling Services (OnTrack WNC); HUD-approved Homebuyer Education Course required before close. Requisito de residencia: Must live or work in Buncombe, Henderson, Madison, or Haywood counties for at least 12 months before application. Deferred, no-monthly-payment shared-appreciation (equity-sharing) second mortgage subordinate to the first. Due on earliest of: property sold/transferred, default on the senior first loan, or property ceasing to be principal residence. Repayment = greater of (original amount x Rate of Appreciation = Current Value / Purchase Value) or the original amount. MHO does not offer grants or forgivable loans. Minimum processing 21 days from receipt of all documents. Must not currently be a homeowner. Property inspection required; repairs may be required prior to closing. No construction loans. No manufactured housing.

Mountain Housing Opportunities Down Payment Assistance Program (DAP) limita el ingreso del hogar al 80% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. Households must earn less than 80% AMI. Max income (Buncombe/Henderson/Madison): 1p $57,350; 2p $65,550; 3p $73,750; 4p $81,900; 5p $88,500. Haywood lower: 1p $48,550; 4p $69,350. 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.

Mountain Housing Opportunities Down Payment Assistance Program (DAP) se puede usar para Single Family, Townhouse, Condo y Modular. La construcción nueva es elegible. Las viviendas prefabricadas no son elegibles.

Mountain Housing Opportunities Down Payment Assistance Program (DAP) atiende a compradores de vivienda que compran en Asheville, North Carolina.

Las solicitudes de Mountain Housing Opportunities Down Payment Assistance Program (DAP) se tramitan a través de Mountain Housing Opportunities, 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.