Homeport Growing Homeownership Fund

Homeport Growing Homeownership Fund es un préstamo condonable para compradores de vivienda en Columbus, Ohio, a cargo de Homeport (Columbus Housing Partnership Inc.). The Growing Homeownership Fund (GHF) is a down payment assistance program administered by Homeport for first-time homebuyers in Franklin County, Ohio. It offers up to $15,000 or 5% of the home's purchase price (whichever is less) as a 0% interest forgivable loan, provided as a 5:1 match to down payment savings documented in the borrower's personal savings. Funds may be used for down payment, closing costs, prepaid escrows, permanent rate buy-downs, up to $1,000 appraisal gap, and up to $1,000 in documented home repair costs. Up to $15,000 or 5% of purchase price. 0% interest, forgivable after a period of owner-occupancy. Stackable with OHFA, Franklin County, or lender programs. Covers down payment, closing costs, prepaid escrows, rate buy-downs, appraisal gap, and home repairs. Works with conventional, FHA, VA, and USDA first mortgages. Los fondos provienen de Philanthropic/coalition-funded nonprofit down payment assistance fund (CONVERGENCE Columbus / Homeport; bank, foundation, and municipal contributions).

Homeport Growing Homeownership Fund ofrece hasta $15,000 de ayuda. Aporte del comprador de vivienda: Assistance is provided as a 5:1 match to the down payment documented in the borrower's personal savings (borrower must document savings equal to at least 1/5 of the assistance). For 2-4 unit purchases, a 5% minimum borrower contribution from the borrower's own funds is required. El programa se puede combinar con Ohio Housing Finance Agency (OHFA) programs, Franklin County programs, and proprietary lender programs. Los montos son los máximos publicados por el programa, no una oferta: Homeport (Columbus Housing Partnership Inc.) determina cualquier ayuda individual.

Homeport Growing Homeownership Fund es un préstamo condonable, así que el saldo se perdona una vez que se cumplen las condiciones del programa. El reembolso se activa por Due and payable upon sale or transfer of title, or if the property ceases to be the borrower's primary residence, during the forgiveness/occupancy period. Land contract agreements are not eligible. La ayuda se registra con un gravamen en posición Second (or as approved by administrator); any additional lender deferred-loan assistance must be in third position. 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.

Homeport Growing Homeownership Fund está abierto a compradores de vivienda por primera vez y compradores de vivienda que vivirán en la vivienda como su residencia principal. “Comprador de vivienda por primera vez” suele significar no haber sido dueño de una vivienda en los últimos tres años, pero el programa fija su propia definición. Se requiere un curso de educación para compradores de vivienda, a través de Homeport (HUD-certified housing counseling agency); homebuyer education must be completed within the last year (8 hours from a HUD-certified agency; no Fast Track/Quick Start certificates). Requisito de residencia: Applicant must be a current Franklin County resident; purchased property must be located in Franklin County. Borrower must complete Homeport-recognized homebuyer education within the last year (8 hours from a HUD-certified agency). Assistance is a 5:1 match to documented personal down payment savings. Land contracts and seller financing are not eligible. NOTE: exact forgiveness/occupancy term in years for the general GHF, minimum credit score, and max DTI are not published on the official program page; verify with Homeport. The race-restricted Maude Hill Growing Homeownership Fund (140% AMI, 3-year forgiveness SPCP) is a distinct sub-fund and is NOT this program.

Homeport Growing Homeownership Fund limita el ingreso del hogar al 120% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. Household income at or below 120% of the Area Median Income (AMI) for the Columbus MSA, as determined by HUD, adjusted for family size. 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.

Homeport Growing Homeownership Fund se puede usar para Single Family, Condo y 2-4 Unit. La construcción nueva es elegible. Las viviendas prefabricadas no son elegibles.

Homeport Growing Homeownership Fund atiende a compradores de vivienda que compran en Columbus, Ohio.

Las solicitudes de Homeport Growing Homeownership Fund se tramitan a través de Homeport (Columbus Housing Partnership Inc.), que publica los términos vigentes y los pasos de la solicitud en su propio sitio. 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.