Home Is Possible for First-Time Homebuyers

Home Is Possible for First-Time Homebuyers es un segundo préstamo diferido para compradores de vivienda en Statewide, Nevada. NHD 4% DPA forgivable second (3-year forgivable, 0% interest, no payments) paired with an NHD bond first mortgage. FTHB required. 640 FICO, 50% DTI. Statewide. Home Is Possible for First-Time Homebuyers (HIP FTHB) is the Nevada Housing Division's flagship DPA program for first-time buyers (defined as not having owned a primary residence in the past three years). Eligible homebuyers receive up to 4% of the first-mortgage amount as down payment / closing-cost assistance, structured as a 3-year forgivable second mortgage at 0% interest with no monthly payments. The DPA is paired with an NHD-issued 30-year fixed first mortgage (FHA, VA, USDA, or Fannie/Freddie HFA conventional). The first-mortgage rate is slightly higher than the open-market rate to fund the DPA. Funds may be used for down payment, closing costs, and prepaid escrows. After 3 years of continuous owner-occupancy, the second mortgage is fully forgiven. Los fondos provienen de State y Bond.

Home Is Possible for First-Time Homebuyers se perdona después de 3 años, así que un comprador de vivienda que se quede ese tiempo no lo devuelve. El reembolso se activa por Full balance due if borrower sells, refinances, transfers title, or ceases owner-occupancy within the 3-year forgiveness period. Fully forgiven after 3 years of continuous owner-occupancy. 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.

Home Is Possible for First-Time Homebuyers 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: Federally designated targeted census tracts and honorably discharged veterans waive the first-time-homebuyer requirement. Sobre el crédito, el programa indica: 640 minimum representative mid-FICO across all NHD HIP FTHB products (FHA/VA/USDA/Conventional). Se requiere un curso de educación para compradores de vivienda, a través de NHD-approved homebuyer education provider; HUD-approved counseling agencies, Framework Homeownership, eHome America, and Money Management International (MMI) are accepted. Requisito de residencia: Property must be located in Nevada and serve as borrower's principal residence. Ciudadanía o situación migratoria: U.S. citizen, permanent resident alien, or qualifying non-permanent resident alien per first-mortgage product overlays. First-time homebuyer required (cannot have owned a principal residence in the past 3 years; waived in federally targeted census tracts and for honorably discharged veterans). Owner-occupied principal residence required. Income limits by household size (1-2p $94,800 / 3+p $108,420 non-targeted; up to $152,320 in targeted areas). Acquisition price limits $544,232 (non-targeted) / $746,181 (targeted). 640 minimum mid-FICO. 50% maximum DTI. NHD-approved homebuyer education required. Must originate first mortgage with NHD-approved participating lender. Subject to IRS Section 143 federal recapture tax on sale within 9 years.

Home Is Possible for First-Time Homebuyers limita el ingreso del hogar a $152,320. 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.

Home Is Possible for First-Time Homebuyers limita el precio de compra a $746,181. Los tipos de propiedad elegibles incluyen Single-family detached, condominium, townhouse, PUD, 2-unit (FHA only) y manufactured home on permanent foundation per servicer overlays. La construcción nueva es elegible. Las viviendas prefabricadas son elegibles.

Home Is Possible for First-Time Homebuyers menciona a veteranos, miembros del servicio militar activo, reservistas y miembros de la Guardia Nacional y cónyuges sobrevivientes 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.

Home Is Possible for First-Time Homebuyers atiende a compradores de vivienda que compran en Statewide, Nevada. El programa se dirige a áreas específicas: Federally designated IRS targeted census tracts (per Section 143) and Qualified Census Tracts where NHD waives the FTHB requirement and applies higher income / purchase price limits.

Las solicitudes de Home Is Possible for First-Time Homebuyers 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 by approved participating lender via NHD Lender Online portal at time of rate lock. 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.