Habitat for Humanity Peninsula and Greater Williamsburg — First-Time Homebuyer Program

Habitat for Humanity Peninsula and Greater Williamsburg — First-Time Homebuyer Program es una primera hipoteca para compradores de vivienda en Newport News, Virginia, a cargo de Habitat for Humanity Peninsula and Greater Williamsburg. Habitat for Humanity Peninsula and Greater Williamsburg's First-Time Homebuyer Program helps lower-income families buy a newly constructed or renovated Habitat home financed with a zero-interest-equivalent (0%) 20-to-30-year mortgage. The affordable payment — no more than 30% of gross income including taxes and insurance — functions as the assistance in lieu of a separate down payment loan. There is no cash down payment; buyers complete at least 300 hours of sweat equity and required homebuyer education. Applications are accepted during an annual April round (2026 round closed; next opens April 2027). Zero-interest-equivalent (0%) affordable mortgage. no cash down payment. payment capped at 30% of income incl. taxes/insurance. brand-new or renovated home. homebuyer education and financial literacy training. Los fondos provienen de Donations, sponsors, and Habitat affiliate funds; homes built with volunteer and sweat-equity labor.

Habitat for Humanity Peninsula and Greater Williamsburg — First-Time Homebuyer Program es una primera hipoteca y se reembolsa según los términos que fija Habitat for Humanity Peninsula and Greater Williamsburg. El reembolso se activa por Affordable, zero-interest-equivalent monthly mortgage payments over a 20-30 year term; the home is purchased, not granted. La ayuda se registra con un gravamen en posición First. 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.

Habitat for Humanity Peninsula and Greater Williamsburg — First-Time 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: Cannot have owned a home within the past three years. Sobre el crédito, el programa indica: No minimum credit score stated. Clean credit history required: unpaid collections/charge-offs/judgments/liens satisfied; no late loan/credit payments in last 12 months; 2+ years past any bankruptcy discharge with re-established credit. Se requiere un curso de educación para compradores de vivienda, a través de Habitat for Humanity Peninsula and Greater Williamsburg (homebuyer education and financial literacy classes required before purchase). Requisito de residencia: Must live or work for at least one year in Hampton, James City County, Newport News, Poquoson, Williamsburg, York County, Charles City County, or New Kent County. 300-hour sweat-equity requirement; first-time (no ownership in past 3 years); must live/work in service area 1+ year; clean credit; DTI under 40% with Habitat mortgage; income within published min/max. $55/applicant fee. James City County applicants purchase through the JCC Community Land Trust. Status: 2026 application period CLOSED; next round April 2027 (recurring program, not discontinued). Special-population flags set false (program open to all qualifying applicants, no population-specific carve-out).

Habitat for Humanity Peninsula and Greater Williamsburg — First-Time Homebuyer Program fija su límite de ingresos así: Total annual gross income from all household members must fall between published minimum and maximum for household size. Max: 1=$59,650; 2=$68,200; 3=$76,700; 4=$85,200; 5=$92,050; 6=$98,850; 7=$105,650; 8=$112,500. Min: 1=$29,840; 2=$34,080; 3=$38,360; 4=$42,600; 5=$46,040; 6=$49,440; 7=$52,840; 8=$56,240. 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.

Habitat for Humanity Peninsula and Greater Williamsburg — First-Time Homebuyer Program limita el precio de compra así: Home sold at an affordable price so the zero-interest payment (incl. taxes/insurance) is no more than 30% of buyer income. Los tipos de propiedad elegibles incluyen Single Family. La construcción nueva es elegible. Las viviendas prefabricadas no son elegibles.

Habitat for Humanity Peninsula and Greater Williamsburg — First-Time Homebuyer Program atiende a compradores de vivienda que compran en Newport News, Virginia. El programa se dirige a áreas específicas: Current build cycle targets Charles City County, Hampton, and James City County (2026 application round / 2027 construction).

Las solicitudes de Habitat for Humanity Peninsula and Greater Williamsburg — First-Time Homebuyer Program se tramitan a través de Habitat for Humanity Peninsula and Greater Williamsburg, que publica los términos vigentes y los pasos de la solicitud en su propio sitio. Los fondos se reservan a través de Annual open application round each April (2026 round closed April 30, 2026; next round April 2027). Family Selection Committee reviews based on need, ability to pay, and lots available. 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.