City of Scranton Homebuyer Program

City of Scranton Homebuyer Program es un segundo préstamo diferido para compradores de vivienda en Scranton, Pennsylvania. The City of Scranton Homebuyer Program is administered by NeighborWorks Northeastern Pennsylvania on behalf of the City of Scranton's HUD HOME and CDBG entitlement allocations. It provides up to $14,999 in down-payment and closing-cost assistance to first-time homebuyers purchasing a primary residence within the city limits. Assistance is provided as a 0% interest deferred / forgivable second mortgage with a 5-year affordability period and is layered with the buyer's first mortgage product (FHA, VA, USDA, or Conventional). Up to $14,999 in down-payment and closing-cost assistance for first-time homebuyers purchasing a primary residence within the City of Scranton. Provided as a 0% interest deferred / forgivable second mortgage funded through City of Scranton HUD HOME / CDBG pass-through dollars and administered by Neighborworks Northeastern PA. Forgiven over a 5-year affordability period. Los fondos provienen de HOME, CDBG, Federal y Local Government.

City of Scranton Homebuyer Program 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 Forgiven pro-rata over a 5-year affordability period y balance due if buyer sells, refinances with cash-out, transfers title, or ceases to occupy the home as primary residence during the affordability period. La ayuda se registra con un gravamen en posición 2. 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.

City of Scranton 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: First-time homebuyer (no ownership of principal residence in prior 3 years). Sobre el crédito, el programa indica: Underwriting follows first-mortgage product; Neighborworks NEPA counsels borrowers with credit scores in the 600s. Se requiere un curso de educación para compradores de vivienda, a través de Neighborworks Northeastern PA (HUD-approved housing counseling agency) - pre-purchase 8-hour homebuyer education and one-on-one counseling required. Requisito de residencia: Property must be located within the City of Scranton, PA and occupied as the buyer's primary residence for the 5-year affordability period. Ciudadanía o situación migratoria: U.S. citizen or eligible non-citizen permitted by HUD HOME / CDBG rules. Buyer must be a first-time homebuyer (no ownership of principal residence in prior 3 years), purchase a primary residence within the City of Scranton, and complete Neighborworks NEPA pre-purchase counseling and 8-hour homebuyer education. Household income at or below 80% HUD AMI for the Scranton-Wilkes-Barre MSA: ranges from ~$17,600 (very-low / extremely-low set-asides used in some funding rounds) up to ~$88,400 (8-person at 80% AMI). Property must pass HUD HQS / lead-based paint inspection. 5-year affordability period applies; lien forgiven pro-rata.

City of Scranton Homebuyer Program limita el ingreso del hogar al 80% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. Household income between approximately $17,600 (extremely-low / very-low set-asides) and $88,400 (8-person at 80% Scranton-Wilkes-Barre MSA AMI). Limits updated annually by HUD. 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.

City of Scranton Homebuyer Program limita el precio de compra así: Tracks HUD HOME 95% area median purchase price for City of Scranton. Los tipos de propiedad elegibles incluyen Single-family detached, Townhouse, Condominium y 2-4 unit (owner-occupied). La construcción nueva es elegible. Las viviendas prefabricadas no son elegibles.

City of Scranton Homebuyer Program atiende a compradores de vivienda que compran en Scranton, Pennsylvania.

Las solicitudes de City of Scranton Homebuyer Program 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 First-come, first-served subject to City of Scranton annual HUD HOME / CDBG allocation; applicants apply through Neighborworks NEPA. 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.