First Time Homebuyer Down Payment & Closing Cost Assistance Program

First Time Homebuyer Down Payment & Closing Cost Assistance Program es un segundo préstamo diferido para compradores de vivienda en Condado de Butler, Pennsylvania. The Housing Authority of the County of Butler's First Time Homebuyer Down Payment & Closing Cost Assistance Program provides up to $5,000 in down-payment and closing-cost assistance for first-time homebuyers purchasing a primary residence in Butler County, PA. Assistance is a 0% interest deferred / forgivable second mortgage with a 5-year affordability period funded through PHFA Housing Trust Fund and HUD HOME pass-through dollars. Up to $5,000 in down-payment and closing-cost assistance for first-time homebuyers purchasing a primary residence in Butler County, PA. Provided as a 0% interest deferred / forgivable second mortgage funded through PHFA Housing Trust Fund / HUD HOME pass-through dollars and administered by the Housing Authority of the County of Butler. Los fondos provienen de PHFA Housing Trust Fund, HOME, Federal y Local Government.

First Time Homebuyer Down Payment & Closing Cost Assistance 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 primary-residence status 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.

First Time Homebuyer Down Payment & Closing Cost Assistance 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; no published HACB credit floor. Se requiere un curso de educación para compradores de vivienda, a través de HUD-approved housing counseling agencies serving Butler County (commonly NeighborWorks Western PA or NWP Bridgehouse); pre-purchase 8-hour education certificate required. Requisito de residencia: Property must be located within Butler County, 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 rules. Buyer must be a first-time homebuyer (no ownership of principal residence in prior 3 years), purchase a primary residence in Butler County, complete HUD-approved homebuyer education, and contribute a minimum of $1,000 from their own funds. Household income may not exceed 80% HUD AMI for the Pittsburgh MSA / Butler County: 1-person ~$56,700 up to 8-person ~$106,900. Property must pass HUD HQS / lead-based paint inspection. 5-year affordability period applies; lien forgiven pro-rata.

First Time Homebuyer Down Payment & Closing Cost Assistance 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 at or below 80% Pittsburgh MSA AMI for Butler County: 1-person ~$56,700; 4-person ~$80,950; 8-person ~$106,900. 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.

First Time Homebuyer Down Payment & Closing Cost Assistance Program limita el precio de compra así: Tracks HUD HOME 95% area median purchase price for Butler County. Los tipos de propiedad elegibles incluyen Single-family detached, Townhouse y Condominium. La construcción nueva es elegible. Las viviendas prefabricadas no son elegibles.

First Time Homebuyer Down Payment & Closing Cost Assistance Program atiende a compradores de vivienda que compran en Condado de Butler, Pennsylvania.

Las solicitudes de First Time Homebuyer Down Payment & Closing Cost Assistance 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 annual PHFA / HUD HOME allocation. 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.