Central Shenandoah Valley First-Time Homebuyers Program (Down Payment Assistance) - Staunton & Waynesboro

Central Shenandoah Valley First-Time Homebuyers Program (Down Payment Assistance) - Staunton & Waynesboro es un préstamo condonable para compradores de vivienda en Staunton, Virginia, a cargo de Central Shenandoah Planning District Commission (CSPDC), HOME Program Administrator. A regional first-time homebuyer down payment and closing cost assistance program administered by the Central Shenandoah Planning District Commission using Virginia DHCD HOMEownership (HOME) funds. Offers a 0% interest forgivable loan of up to 10% of purchase price for down payment plus up to $2,500 for closing costs (max total $11,000), forgivable after a 5-year affordability period, to first-time homebuyers at or below 80% AMI in the Central Shenandoah region including the cities of Staunton and Waynesboro. 0% interest, forgivable after 5 years, covers down payment (up to 10%) and closing costs (up to $2,500); stackable with Virginia Housing SPARC 1% rate reduction and other gap programs. Los fondos provienen de Virginia DHCD HOMEownership Down Payment & Closing Cost Assistance Program (federal HUD HOME funds).

Central Shenandoah Valley First-Time Homebuyers Program (Down Payment Assistance) - Staunton & Waynesboro ofrece entre $1,000 y $11,000 de ayuda. Aporte del comprador de vivienda: Buyer must contribute 1% of purchase price from personal funds if income is 50%-80% AMI, or a minimum of $500 if income is below 50% AMI. El programa se puede combinar con VIDA, Virginia Housing DPA, Virginia Housing SPARC, FHLB programs, USDA assistance, Fannie Mae/Freddie Mac assistance (CLTV not to exceed 108%; LTV not to exceed 96.5%). Los montos son los máximos publicados por el programa, no una oferta: Central Shenandoah Planning District Commission (CSPDC), HOME Program Administrator determina cualquier ayuda individual.

Central Shenandoah Valley First-Time Homebuyers Program (Down Payment Assistance) - Staunton & Waynesboro 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 Sale, transfer of title, refinance, or failure to occupy as primary residence during the 5-year affordability period triggers recapture/repayment of HOME funds from available net proceeds. La ayuda se registra con un gravamen en posición Subordinate (silent second / deferred loan recorded via Deed of Trust behind first trust 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.

Central Shenandoah Valley First-Time Homebuyers Program (Down Payment Assistance) - Staunton & Waynesboro 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: Buyer who has not held primary ownership in a principal residence within the most recent three-year period qualifies as first-time homebuyer. Sobre el crédito, el programa indica: FICO median score of 620; minimum 3 open and current trade lines (alternative credit may be considered). Se requiere un curso de educación para compradores de vivienda, a través de HUD-certified Homebuyer Education Course through Virginia Housing, NeighborWorks, or a HUD-certified agency; plus homeownership counseling from a HUD-certified housing counselor. Ciudadanía o situación migratoria: Must be a U.S. citizen or lawful permanent resident. Buyer cash contribution (1% of price if 50-80% AMI, or $500 if under 50% AMI); HUD-certified homebuyer education + counseling; 90-day work history; signed purchase contract; property must pass UPCS inspection and be turn-key. NOTE: possible relationship to the existing catalog row 'HOME First-Time Homebuyers Program' (Augusta, Bath, Highland, Rockbridge y Rockingham) which may share the same DHCD program/administrator for the rural counties; this row covers the independent cities of Staunton and Waynesboro. The CSPDC brochure caps assistance at $11,000/5-year forgiveness while governing DHCD guidelines allow up to $40,000 with tiered affordability - brochure figures used. Verify dedupe vs Augusta-region row before publishing.

Central Shenandoah Valley First-Time Homebuyers Program (Down Payment Assistance) - Staunton & Waynesboro limita el ingreso del hogar al 80% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. Household income may not exceed 80% of Area Median Income. Staunton-Waynesboro, VA MSA 2026 limits: 1p $55,200; 2p $63,050; 3p $70,950; 4p $78,800; 5p $85,150; 6p $91,450; 7p $97,750; 8p $104,050 (effective 05/01/2026). 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.

Central Shenandoah Valley First-Time Homebuyers Program (Down Payment Assistance) - Staunton & Waynesboro limita el precio de compra a $269,000. Los tipos de propiedad elegibles incluyen Single Family, Townhouse, Condo, Manufactured y 2-4 Unit. La construcción nueva es elegible. Las viviendas prefabricadas son elegibles.

Central Shenandoah Valley First-Time Homebuyers Program (Down Payment Assistance) - Staunton & Waynesboro atiende a compradores de vivienda que compran en Staunton, Virginia. Vecindarios prioritarios: Cities of Staunton and Waynesboro (program also serves Harrisonburg, Rockbridge County, Buena Vista, Lexington, and other Central Shenandoah localities).

Las solicitudes de Central Shenandoah Valley First-Time Homebuyers Program (Down Payment Assistance) - Staunton & Waynesboro se tramitan a través de Central Shenandoah Planning District Commission (CSPDC), HOME Program Administrator, 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 based on availability of funds; funds reserved only after homebuyer is lender pre-approved and meets DPA eligibility. 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.