Union County Affordable Housing Fund (UCAHF) First-Time Homebuyer Assistance

Union County Affordable Housing Fund (UCAHF) First-Time Homebuyer Assistance es un préstamo condonable para compradores de vivienda en Condado de Union, Pennsylvania, a cargo de Union County Planning Department (Union County Commissioners). The Union County Affordable Housing Fund (UCAHF), established in 1997, encourages affordable homeownership by offering 0%-interest, no-payment forgivable 2nd mortgages (capped at $35,000) and 3rd mortgages (capped at $10,000) to qualified low-to-moderate-income first-time homebuyers purchasing within Union County. Loans are forgiven at 10% of original principal per year over 10 years and are repaid only if the home is sold or refinanced before forgiveness completes. 0% interest. No monthly payments. Forgiven 10%/year over 10 years. Up to $35,000 (2nd) plus $10,000 (3rd). Funds may also cover lender-required repairs. Los fondos provienen de Union County Affordable Housing Fund (county-established 1997; locally funded).

Union County Affordable Housing Fund (UCAHF) First-Time Homebuyer Assistance ofrece hasta $35,000 de ayuda. Niveles de ayuda: Two funding layers: (1) 2nd mortgage capped at $35,000; (2) 3rd mortgage capped at $10,000. Combined assistance also constrained to ~10% of purchase price; verify current cap with Planning Dept. Aporte del comprador de vivienda: Applicant must contribute at least 3% of the purchase price from other sources (per county summary). El programa se puede combinar con Layered with primary lender mortgage and other DPA/first-mortgage products (e.g., PHFA, Union-Snyder CAA). Los montos son los máximos publicados por el programa, no una oferta: Union County Planning Department (Union County Commissioners) determina cualquier ayuda individual.

Union County Affordable Housing Fund (UCAHF) First-Time Homebuyer Assistance se perdona después de 10 años, así que un comprador de vivienda que se quede ese tiempo no lo devuelve. El reembolso se activa por Repayment required only if the property is sold or refinanced before the loan is fully forgiven; forgiven 10% of original principal per year over 10 years. La ayuda se registra con un gravamen en posición Second and/or third mortgage (subordinate to primary lender). 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.

Union County Affordable Housing Fund (UCAHF) First-Time Homebuyer Assistance 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 defined as not having owned a home in the past three years (per program materials). Requisito de residencia: Home must be located within Union County, PA. Verified on official Union County Planning Google Site and county affordable-housing page. Forgivable 2nd ($35k cap) + 3rd ($10k cap), 0% interest, no payments, 10%/yr forgiveness over 10 years, repay on sale/refi; home in Union County; 3% borrower contribution and FTHB (no ownership in past 3 yrs). GAPS: full HUD income-limit table by household size, max purchase price, min credit score, DTI, homebuyer-education requirement, participating-lender list not published — confirm via the application and Planning Dept (570-524-3825). A third-party source cited different caps; treat the county site as source of truth.

Union County Affordable Housing Fund (UCAHF) First-Time Homebuyer Assistance limita el ingreso del hogar al 80% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. Income-limited to low-to-moderate income; county-reported figures: 2-person household up to ~$82,880; 4-person household up to ~$103,600 (figures vary by HUD year). Full household-size table not published on the official page — confirm current HUD income limits in the application. 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.

Union County Affordable Housing Fund (UCAHF) First-Time Homebuyer Assistance limita el precio de compra así: Combined assistance capped at 10% of purchase price per county summary; specific maximum purchase price not published. Los tipos de propiedad elegibles incluyen Single Family.

Union County Affordable Housing Fund (UCAHF) First-Time Homebuyer Assistance atiende a compradores de vivienda que compran en Condado de Union, Pennsylvania.

Las solicitudes de Union County Affordable Housing Fund (UCAHF) First-Time Homebuyer Assistance se tramitan a través de Union County Planning Department (Union County Commissioners), que publica los términos vigentes y los pasos de la solicitud en su propio sitio. Los fondos se reservan a través de Preliminary program application reviewed by Union County Planning; funding subject to availability. 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.