Township of Irvington Homeownership Program (First-Time Homebuyer / HOME)

Township of Irvington Homeownership Program (First-Time Homebuyer / HOME) es un préstamo condonable para compradores de vivienda en Irvington, New Jersey, a cargo de Township of Irvington Department of Economic Development and Grants Oversight (DEDGO). The Township of Irvington Homeownership Program uses federal HUD HOME funds to provide eligible first-time homebuyers up to $10,000 in down payment and/or closing-cost assistance toward a 1-4 family home, condo, co-op, or manufactured home within Irvington. The subsidy is secured by a lien with a 5-year affordability period and becomes a partially repayable loan (per a recapture schedule) only if the buyer sells, moves, or defaults before 5 years. Applicants must complete Urban League of Essex County homebuyer counseling, have a credit score of at least 640, at least $1,500 in savings, and earn at or below 80% AMI. Up to $10,000 DPA/closing-cost grant. Forgiven after 5 years. Condos, co-ops, manufactured homes eligible. Free HUD-approved counseling via Urban League of Essex County. Open to any lender. Los fondos provienen de Federal HUD HOME Investment Partnerships Program.

Township of Irvington Homeownership Program (First-Time Homebuyer / HOME) ofrece entre $1,000 y $10,000 de ayuda. Niveles de ayuda: Sliding scale based on the primary mortgage; minimum $1,000, maximum $10,000 per dwelling unit. Aporte del comprador de vivienda: At least $1,500 in a savings account. Los montos son los máximos publicados por el programa, no una oferta: Township of Irvington Department of Economic Development and Grants Oversight (DEDGO) determina cualquier ayuda individual.

Township of Irvington Homeownership Program (First-Time Homebuyer / HOME) se perdona después de 5 años, así que un comprador de vivienda que se quede ese tiempo no lo devuelve. El reembolso se activa por Partial repayment (per recapture schedule) if buyer moves, sells, or defaults before the end of the 5-year affordability period. La ayuda se registra con un gravamen en posición Second. 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.

Township of Irvington Homeownership Program (First-Time Homebuyer / HOME) 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: First-time homebuyer defined as not having owned a home in the last 3 years. Sobre el crédito, el programa indica: Minimum credit score of 640 with no late payments, collections, judgments, or tax liens in the past 12 months. Se requiere un curso de educación para compradores de vivienda, a través de Urban League of Essex County (ULEC) First-Time Homeowners Program (HUD-approved); certificate required plus post-purchase counseling commitment. Requisito de residencia: Property must be located within the Township of Irvington. Must complete Urban League of Essex County (ULEC) First-Time Homeowners Program and obtain certificate; no late payments/collections/judgments/tax liens in past 12 months; property must pass local Housing Standards and Lead-Based Paint inspections.

Township of Irvington Homeownership Program (First-Time Homebuyer / HOME) limita el ingreso del hogar al 80% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. Household income at or below 80% of area median income (HUD Section 8 low-income limits), adjusted for household size; revised annually. 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.

Township of Irvington Homeownership Program (First-Time Homebuyer / HOME) se puede usar para Single Family, 2-4 Unit, Condo, Co-op y Manufactured. La construcción nueva es elegible. Las viviendas prefabricadas son elegibles.

Township of Irvington Homeownership Program (First-Time Homebuyer / HOME) atiende a compradores de vivienda que compran en Irvington, New Jersey.

Las solicitudes de Township of Irvington Homeownership Program (First-Time Homebuyer / HOME) se tramitan a través de Township of Irvington Department of Economic Development and Grants Oversight (DEDGO), que publica los términos vigentes y los pasos de la solicitud en su propio sitio. Los fondos se reservan a través de Walk-in preliminary application at DEDGO office; referral to Urban League of Essex County counseling; then Program Participation Application and eligibility interview. 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.