HOMEownership Down Payment Assistance Program (VHCDC)

HOMEownership Down Payment Assistance Program (VHCDC) es un préstamo condonable para compradores de vivienda en Suffolk, Virginia, a cargo de Virginia Housing and Community Development Corporation (VHCDC). VHCDC, a 501(c)(3) community development corporation based in Suffolk, is a local administering provider of the Virginia DHCD HOMEownership Down Payment and Closing Cost Assistance (DPA) program. It provides flexible gap financing to first-time homebuyers at or below 80% of area median income to purchase safe, decent, accessible homes. The assistance is a forgivable second-mortgage loan with a mandatory affordability period during which the buyer must occupy the home as their primary residence; an eligible buyer may receive up to 10% or 15% (in approved areas) of the sales price (max $25,000) plus up to $1,200 toward closing costs. Applicants must be enrolled in VHCDC's Home Ownership Assistance Program (HOAP). Down payment assistance (up to 10% or 15% of sales price, max $25,000). Up to $1,200 closing cost assistance. Forgivable second mortgage. 15 hours pre-purchase housing education. Two pre-purchase counseling sessions. Los fondos provienen de Virginia DHCD HOME Investment Partnerships funds (federal).

HOMEownership Down Payment Assistance Program (VHCDC) ofrece hasta $25,000 de ayuda. El programa se puede combinar con Can be combined with VHCDC VIDA, Virginia Pilot DPA, SPARC rate reduction, and Transition Assistance Grant (TAG). Los montos son los máximos publicados por el programa, no una oferta: Virginia Housing and Community Development Corporation (VHCDC) determina cualquier ayuda individual.

HOMEownership Down Payment Assistance Program (VHCDC) es un préstamo condonable, así que el saldo se perdona una vez que se cumplen las condiciones del programa. El reembolso se activa por Recaptured if the home is refinanced, sold, no longer the primary residence, or the affordability covenants are breached during the affordability period. La ayuda se registra con un gravamen en posición Second. 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.

HOMEownership Down Payment Assistance Program (VHCDC) está abierto a compradores de vivienda por primera vez y compradores de vivienda que vivirán en la vivienda como su residencia principal. “Comprador de vivienda por primera vez” suele significar no haber sido dueño de una vivienda en los últimos tres años, pero el programa fija su propia definición. Sobre el crédito, el programa indica: No published numeric minimum; applicant must be mortgage-ready with no open collections or judgments. Se requiere un curso de educación para compradores de vivienda, a través de VHCDC First-Time Home Buyers College (15 hours) plus two pre-purchase counseling sessions. Requisito de residencia: Home must be purchased in Virginia within VHCDC's service MSAs. Loan is a forgivable second mortgage with affordability period tied to amount of assistance. Requires enrollment in VHCDC HOAP ($99.95 fee), 15 hours of education, two counseling sessions, three consecutive months of personal financial statements, DTI under 45%, no open collections/judgments. No special-population targeting.

HOMEownership Down Payment Assistance Program (VHCDC) limita el ingreso del hogar al 80% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. 2026 Adjusted Household Income Limits (4-person): Hampton Roads $86,150; Franklin City $76,800; Henrico County $90,800; Isle of Wight County $86,150; Northampton County $69,050; Petersburg $90,800; Pittsylvania County $63,900; Richmond $90,800; Southampton County $76,800; Surry County $86,150; Northern VA/DC/MD $106,800. Full 1-8 person tables published on the program page. 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.

HOMEownership Down Payment Assistance Program (VHCDC) limita el precio de compra así: Subject to DHCD HOME homeownership sales price limits (per the DHCD program guidelines). Los tipos de propiedad elegibles incluyen Single Family, Condo y Townhouse.

HOMEownership Down Payment Assistance Program (VHCDC) atiende a compradores de vivienda que compran en Suffolk, Virginia.

Las solicitudes de HOMEownership Down Payment Assistance Program (VHCDC) se tramitan a través de Virginia Housing and Community Development Corporation (VHCDC), 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 funding availability; allow 21-30 days for processing. 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.