Sawmill Community Land Trust Homebuyer Program

Sawmill Community Land Trust Homebuyer Program es un préstamo de plusvalía compartida para compradores de vivienda en Albuquerque, New Mexico, a cargo de Sawmill Community Land Trust. Sawmill Community Land Trust (SCLT) is an Albuquerque 501(c)(3) community land trust that provides permanently affordable homes for low- to moderate-income, income-qualified first-time homebuyers who can secure a conventional mortgage. Down-payment assistance is available to income-qualified first-time buyers (or those who have not owned a home in the past three years) earning at or below 80% of the Albuquerque AMI. Buyers own their home and lease the land from the trust under a 99-year renewable ground lease; in exchange they agree to resale restrictions that keep the home affordable for future buyers. SCLT also provides HUD-certified homebuyer education, financial counseling, and post-purchase support. Down-payment assistance for income-qualified first-time buyers; access to permanently affordable, below-market homes; low monthly land-lease fee; HUD-certified homebuyer education, counseling, and post-purchase support. Los fondos provienen de Sawmill Community Land Trust; City of Albuquerque Affordable Homeownership Assistance (CDBG/HOME subrecipient funds) supports down-payment/mortgage-reduction assistance for SCLT buyers.

Sawmill Community Land Trust Homebuyer Program es un préstamo de plusvalía compartida y se reembolsa según los términos que fija Sawmill Community Land Trust. El reembolso se activa por Resale of the home; resale price is restricted by the ground lease formula to preserve affordability for the next buyer. 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.

Sawmill Community Land Trust Homebuyer 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: Eligible if the applicant has not owned a home in the past three years. Se requiere un curso de educación para compradores de vivienda, a través de Sawmill Community Land Trust (HUD-certified homebuyer education and financial counseling). Buyer must be income-qualified (<=80% AMI), a first-time homebuyer (or not have owned in past 3 years), occupy the home as a primary residence, secure a conventional first mortgage, and sign a 99-year renewable ground lease with resale restrictions. Exact dollar amount of down-payment assistance, interest rate, lien position, term, DTI, credit score, and fees are not published on the SCLT primary-source pages and were left blank rather than guessed; prospective buyers should contact SCLT for current terms. Down-payment/mortgage-reduction assistance for SCLT buyers is partly funded through the City of Albuquerque's Affordable Homeownership Assistance program (CDBG/HOME).

Sawmill Community Land Trust Homebuyer Program limita el ingreso del hogar al 80% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. Combined household annual income at or below 80% of the Albuquerque Area Median Income (AMI). Published 80% AMI limits by household size: 1=$51,200; 2=$58,500; 3=$65,800; 4=$73,100; 5=$78,950; 6=$84,800; 7=$90,650; 8=$95,500. El límite se aplica al ingreso total del hogar, no solo al del prestatario. El programa indica un tamaño máximo de hogar de 8. 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.

Sawmill Community Land Trust Homebuyer Program limita el precio de compra así: Homes are price-restricted/affordable homes sold within the community land trust (price set under the CLT model); not a fixed published cap. Los tipos de propiedad elegibles incluyen Single Family, Condo y Townhouse. La construcción nueva es elegible. Las viviendas prefabricadas no son elegibles.

Sawmill Community Land Trust Homebuyer Program atiende a compradores de vivienda que compran en Albuquerque, New Mexico.

Las solicitudes de Sawmill Community Land Trust Homebuyer Program se tramitan a través de Sawmill Community Land Trust, que publica los términos vigentes y los pasos de la solicitud en su propio sitio. Los fondos se reservan a través de Submit homebuyer application to SCLT; applications reviewed and qualified buyers contacted for next steps. Homes are sold as available within the land trust. 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.