Your Turn Homebuyer Assistance

Your Turn Homebuyer Assistance es un segundo préstamo diferido para compradores de vivienda en Statewide, New Hampshire. NH Community Loan Fund's CDFI-funded statewide DPA second-mortgage program. Gap-underwritten case-by-case; below-market interest rate. Targets borrowers outside NH Housing's standard matrix. NH Community Loan Fund's Your Turn Homebuyer Assistance is a statewide subordinate-loan DPA program from New Hampshire's largest CDFI. Provides flexible second-mortgage / DPA financing for low- and moderate-income first-time homebuyers, particularly those who do not fit into NH Housing's standard product matrix (e.g., manufactured home buyers outside ROCs, self-employed borrowers, gig-economy households, recent immigrants, and households with non-traditional credit). The program layers a below-market-rate second mortgage (typically 0%-3% interest, deferred or amortizing depending on borrower circumstance) on a partner first mortgage. Loan amounts and terms are gap-underwritten case-by-case. Available statewide. Pairs with NH Housing first mortgages, USDA-RD Section 502, AHEAD Pathways grants, and select community-bank conventional first mortgages. Homebuyer education and 1:1 housing counseling required (provided by Community Loan Fund-affiliated counseling agencies including NeighborWorks Southern NH, AHEAD, and The Way Home). Los fondos provienen de CDFI.

Your Turn Homebuyer 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 Deferred or amortizing structure depending on borrower y typically 0%-3% interest, deferred until maturity, sale, refinance, or non-owner-occupancy. Specific terms negotiated case-by-case. 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.

Your Turn Homebuyer 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: Exceptions for displaced workers, domestic-violence survivors, recent immigrants, and reentering citizens per Community Loan Fund underwriting guidelines. Sobre el crédito, el programa indica: Per first-mortgage product overlays. Community Loan Fund accepts non-traditional credit (rental / utility / cash-only payment history) for borrowers without traditional FICO scores. Se requiere un curso de educación para compradores de vivienda, a través de NH Community Loan Fund-affiliated HUD-certified housing counseling agencies: NeighborWorks Southern NH (Manchester area), AHEAD (Northern NH), The Way Home (Manchester / statewide). Requisito de residencia: Property must be located in New Hampshire. Statewide eligibility. Ciudadanía o situación migratoria: U.S. citizen, permanent resident, or qualifying non-permanent resident with work authorization. First-time homebuyer required (or specific Community Loan Fund-approved exception for displaced workers / domestic-violence survivors / recent immigrants). Owner-occupied primary residence. Household income limits per Community Loan Fund underwriting (typically at or below 80%-100% AMI by county, gap-underwritten). Property must be located in New Hampshire. Homebuyer education + 1:1 housing counseling with a Community Loan Fund-affiliated agency required. Successful completion of Community Loan Fund's underwriting (gap-financing model - amount sized to the borrower's actual need, not a fixed cap).

Your Turn Homebuyer Assistance fija su límite de ingresos así: Community Loan Fund Your Turn income limits per case-by-case underwriting; typically at or below 80%-100% AMI by county. 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.

Your Turn Homebuyer Assistance limita el precio de compra así: Per first-mortgage product limits. Los tipos de propiedad elegibles incluyen Single-family detached, 2-4 unit owner-occupied, condominium, townhouse, manufactured home on owned land, and manufactured home in a Resident-Owned Community. La construcción nueva es elegible. Las viviendas prefabricadas son elegibles.

Your Turn Homebuyer Assistance 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.

Your Turn Homebuyer Assistance atiende a compradores de vivienda que compran en Statewide, New Hampshire.

Las solicitudes de Your Turn Homebuyer 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 Reserved directly with NH Community Loan Fund via housing-counseling intake; subject to gap-underwriting and 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.