First-Time Homebuyer Assistance Program

First-Time Homebuyer Assistance Program es una subvención para compradores de vivienda en Nashua, New Hampshire. City of Nashua FTHB DPA grant: up to $10,000 forgivable lien for first-time low-to-moderate-income homebuyers purchasing in Nashua. 5-year HOME affordability period. 80% AMI limit. City-Specific (Nashua only). City of Nashua's First-Time Homebuyer Assistance Program is a HOME-funded forgivable grant providing up to $10,000 in down-payment / closing-cost assistance for income-eligible first-time homebuyers purchasing in the City of Nashua, NH. Grant is structured as a 5-year recoverable lien that converts to a true grant if the buyer remains in the home as primary residence for the full 5-year affordability period (HOME-required). Funded via HUD HOME entitlement allocation to the Nashua Community Development Division. Pairs with FHA, USDA-RD, VA, conventional, or NH Housing first mortgage from any qualifying lender. Income limits up to 80% AMI for the Nashua HOME service area: $64,900 (1-person) - $122,300 (8+ person household). Borrower contribution $1,500 minimum. Homebuyer education required. Los fondos provienen de Federal y Local.

First-Time Homebuyer Assistance Program está estructurado como una subvención, así que no se devuelve. El reembolso se activa por 5-year recoverable lien (HOME affordability period). If borrower sells, refinances with cash-out, transfers title, or vacates as primary residence within 5 years, full grant is repayable. After 5 years of continued owner-occupancy, lien is released and grant is fully forgiven. 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.

First-Time Homebuyer 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: FTHB requirement waived for displaced homemakers and single parents per HUD HOME definition. Sobre el crédito, el programa indica: Per first-mortgage product overlays; City of Nashua does not impose a separate FICO minimum. Se requiere un curso de educación para compradores de vivienda, a través de HUD-certified homebuyer education providers including NeighborWorks Southern NH, The Way Home, and AHEAD. Requisito de residencia: Property must be located within the City of Nashua, NH boundaries (city limits) and be the borrower's primary residence. Ciudadanía o situación migratoria: U.S. citizen or qualifying permanent resident (HOME eligibility). Must be a first-time homebuyer (no ownership of a primary residence in past 3 years). Property must be located within the City of Nashua, NH (not in suburbs / Hillsborough County outside Nashua). Owner-occupied primary residence. Household income at or below 80% AMI for the Nashua HOME service area ($64,900 1-person to $122,300 8+ person household by HUD MFI table). Borrower must contribute a minimum of $1,500 of own funds. 5-year HOME affordability period (recoverable lien if borrower vacates / sells / refinances within 5 years). HUD-certified homebuyer education required. HOME compliance: lead-based paint review (pre-1978 properties), Section 504 accessibility review, and Davis-Bacon labor compliance (if rehab tied to HOME).

First-Time Homebuyer Assistance Program limita el ingreso del hogar al 80% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. City of Nashua / HUD HOME income limits at or below 80% AMI: $64,900 (1-person) to $122,300 (8+ person) per HUD MFI table for Nashua, NH-MA HUD Metro FMR Area. 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.

First-Time Homebuyer Assistance Program limita el precio de compra así: Per HOME-set maximum acquisition price (95% of area median single-family purchase price for Nashua MSA - typically updated annually by HUD). Los tipos de propiedad elegibles incluyen Single-family detached, condominium, townhouse, 2-unit owner-occupied (per HOME). 3-4 unit on case-by-case review. La construcción nueva es elegible. Las viviendas prefabricadas son elegibles.

First-Time Homebuyer Assistance Program menciona a veteranos, miembros del servicio militar activo, reservistas y miembros de la Guardia Nacional, cónyuges sobrevivientes y compradores de vivienda con discapacidades 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.

First-Time Homebuyer Assistance Program atiende a compradores de vivienda que compran en Nashua, New Hampshire.

Las solicitudes de First-Time Homebuyer Assistance Program 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 Reserved directly with City of Nashua Community Development Division upon application; subject to fund availability. 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.