NeighborWorks Western Pennsylvania Down Payment & Closing Cost Assistance Loan

NeighborWorks Western Pennsylvania Down Payment & Closing Cost Assistance Loan es una segunda hipoteca para compradores de vivienda en 23 condados de Pennsylvania, a cargo de NeighborWorks Western Pennsylvania. A fixed-rate second-mortgage down payment and closing-cost assistance loan for eligible first-time homebuyers across 23 Western Pennsylvania counties. Requires a Conventional or FHA first mortgage from an approved lending partner, a 620+ credit score, owner-occupancy, and 8 hours of HUD-approved education plus counseling. Income limit 105% of AMI (waived in LMI census tracts); borrowers can bring as little as $1,500 of their own funds. Low borrower cash (as little as $1,500). Income eligibility waived in LMI census tracts. Covers down payment and closing costs via a fixed-rate second mortgage. Los fondos provienen de NeighborWorks Western Pennsylvania lending capital.

NeighborWorks Western Pennsylvania Down Payment & Closing Cost Assistance Loan es una segunda hipoteca y se reembolsa según los términos que fija NeighborWorks Western Pennsylvania. El reembolso se activa por Repayable second mortgage — amortizing fixed-rate loan; standard repayment. La ayuda se registra con un gravamen en posición Second (subordinate to first mortgage); must meet program CLTV guidelines. 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.

NeighborWorks Western Pennsylvania Down Payment & Closing Cost Assistance Loan 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: HUD first-time homebuyer definition (3-year rule with standard exceptions). Sobre el crédito, el programa indica: Minimum credit score 620. Se requiere un curso de educación para compradores de vivienda, a través de 8 hours HUD-approved homebuyer education (online via eHome America) plus a 1-hour budget/loan review with a NeighborWorks WPA counselor before closing; post-purchase counseling at 6 months and annually for 7 years. 8 hours HUD education + 1-hour counseling pre-closing; post-purchase counseling 6 months and annually for 7 years; 620 min credit; first mortgage from an approved lending partner. Serves 23 western PA counties. Verified via NeighborWorks WPA eligibility/requirements pages and HUD income-limits PDF; interest rate and amount range not published on site (left blank).

NeighborWorks Western Pennsylvania Down Payment & Closing Cost Assistance Loan limita el ingreso del hogar al 105% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. 105% of AMI. Pittsburgh HUD Metro (2022) at 105%: 1 $69,700 ... 4 $99,550 ... 8 $131,450. For the 17 counties outside the Pittsburgh Metro, 105% of that county's AMI applies. Income eligibility WAIVED for purchases in a Low/Moderate-Income census tract (FFIEC). 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.

NeighborWorks Western Pennsylvania Down Payment & Closing Cost Assistance Loan se puede usar para Single Family.

NeighborWorks Western Pennsylvania Down Payment & Closing Cost Assistance Loan atiende a compradores de vivienda que compran en 23 condados de Pennsylvania. Condados atendidos: Allegheny, Armstrong, Beaver, Butler, Clarion, Clearfield, Crawford, Elk, Erie, Fayette, Forest, Greene, Huntingdon, Indiana, Jefferson, Lawrence, McKean, Mercer, Somerset, Venango, Washington, Warren y Westmoreland.

Las solicitudes de NeighborWorks Western Pennsylvania Down Payment & Closing Cost Assistance Loan se tramitan a través de NeighborWorks Western Pennsylvania, que publica los términos vigentes y los pasos de la solicitud en su propio sitio. Los fondos se reservan a través de Borrower obtains a first mortgage from an approved lending partner; NeighborWorks WPA underwrites/originates the second mortgage. 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.