Tres Rios Habitat for Humanity Homeownership Program

Tres Rios Habitat for Humanity Homeownership Program es una primera hipoteca para compradores de vivienda en Farmington, New Mexico, a cargo de Tres Rios Habitat for Humanity. Tres Rios Habitat for Humanity partners with qualifying low-income families in San Juan County to build safe, energy-efficient homes that the family then purchases through an affordable, no-profit, zero-interest mortgage held by the affiliate. Homebuyers complete 200 hours of sweat equity per adult, attend homeowner education classes, and make a $500 down payment. The model substitutes sweat equity and a 0% mortgage for conventional down payment and financing, making homeownership attainable for households at or below 80% of area median income. Zero-interest (0%) no-profit mortgage. Low $500 down payment. Sweat-equity substitutes for cash down payment. Homebuyer education and budgeting classes. Newly built energy-efficient home. Accessibility-designed homes available. Los fondos provienen de Habitat for Humanity affiliate donations, ReStore proceeds, grants, and homeowner mortgage payments.

Tres Rios Habitat for Humanity Homeownership Program es una primera hipoteca y se reembolsa según los términos que fija Tres Rios Habitat for Humanity. El reembolso se activa por Monthly mortgage payments per the affordable, no-interest Habitat mortgage; sale/transfer typically triggers affiliate right of first refusal or recapture per Habitat mortgage documents (specific resale terms not published online). La ayuda se registra con un gravamen en posición First. 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.

Tres Rios Habitat for Humanity Homeownership Program está abierto a compradores de vivienda que vivirán en la vivienda como su residencia principal. Sobre el crédito, el programa indica: No published minimum credit score; affiliate performs a credit check and reviews credit references as part of the selection process. Se requiere un curso de educación para compradores de vivienda, a través de Tres Rios Habitat for Humanity (budgeting, home repair, maintenance programs; homeowner meetings). Requisito de residencia: Must have lived in San Juan County for at least one year. Applicant must demonstrate inadequate current housing; must have lived in San Juan County for one year; income at or below 80% AMI ($52,100 for a family of four); $500 down payment; 200 sweat-equity hours per adult over six months; participation in budgeting/home-maintenance programs; credit check and income/employment verification.

Tres Rios Habitat for Humanity Homeownership Program limita el ingreso del hogar al 80% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. Total family income must not exceed 80% of San Juan County area median income; stated as not exceeding $52,100 for a family of four per the affiliate (2025-2026). Limits for other household sizes scale with HUD AMI but are not individually published. 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.

Tres Rios Habitat for Humanity Homeownership Program limita el precio de compra así: Not applicable; home is built and sold by the affiliate at no profit. Los tipos de propiedad elegibles incluyen Single Family. La construcción nueva es elegible. Las viviendas prefabricadas no son elegibles.

Tres Rios Habitat for Humanity Homeownership Program atiende a compradores de vivienda que compran en Farmington, New Mexico.

Las solicitudes de Tres Rios Habitat for Humanity Homeownership Program se tramitan a través de Tres Rios Habitat for Humanity, que publica los términos vigentes y los pasos de la solicitud en su propio sitio. Los fondos se reservan a través de Initial application / family selection cycle; selection by affiliate Family Selection Committee. 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.