Northern Virginia Down Payment & Closing Cost Assistance (CFH)

Northern Virginia Down Payment & Closing Cost Assistance (CFH) es un préstamo condonable para compradores de vivienda en Manassas, Virginia, a cargo de CFH (Catholics for Housing, Inc. / Creating Foundations for Hope). CFH (Catholics for Housing, Inc., d/b/a Creating Foundations for Hope), a Manassas-based 501(c)(3), administers the Virginia DHCD HOMEownership Down Payment and Closing Cost Assistance (DPA) program in Northern Virginia. It provides down payment and closing cost assistance to first-time homebuyers at or below 80% of area median income, structured as a forgivable second deed of trust with an affordability period scaled to the amount of assistance. Assistance cannot exceed 10% (15% in high-cost areas) of the sale price, and buyers must contribute at least 1% and complete HUD-certified homebuyer education and CFH counseling. Down payment & closing cost assistance (up to 10%, or 15% in high-cost areas, of sale price). Forgivable second deed of trust. Homeownership counseling. HUD-certified homebuyer education. Los fondos provienen de Virginia DHCD HOME Investment Partnerships funds (federal).

Northern Virginia Down Payment & Closing Cost Assistance (CFH) ofrece hasta $40,000 de ayuda. Niveles de ayuda: Affordability period tiers by assistance amount: <=$14,999 (5 yrs), $15,000-$40,000 (10 yrs), >$40,000 (15 yrs). Aporte del comprador de vivienda: Buyer down payment must equal at least 1% of the property cost; earnest money deposit of 1% of sales price, not less than $1,000. Los montos son los máximos publicados por el programa, no una oferta: CFH (Catholics for Housing, Inc. / Creating Foundations for Hope) determina cualquier ayuda individual.

Northern Virginia Down Payment & Closing Cost Assistance (CFH) es un préstamo condonable, así que el saldo se perdona una vez que se cumplen las condiciones del programa. El reembolso se activa por Funds are recaptured if, during the affordability period, the property is refinanced, sold, the forgivable second trust is assumed, the property ceases to be the principal residence, the property is leased/rented, the property is renovated to reduce bedrooms, or covenants are breached. 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.

Northern Virginia Down Payment & Closing Cost Assistance (CFH) 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: Counts as first-time if no ownership interest in real estate in the last 3 years. Sobre el crédito, el programa indica: No published numeric minimum; must meet mortgage/lender requirements. Se requiere un curso de educación para compradores de vivienda, a través de HUD-certified Homebuyer Education Class (e.g., Virginia Housing homeownership class) plus CFH homeownership counseling. Requisito de residencia: Property must be in CFH's Northern Virginia service area. Forgivable second deed of trust with affordability period scaled to assistance amount (5/10/15 years). Max 95% LTV; first mortgage must be fixed-rate 30/35/38-yr USDA/Virginia Housing/FHA/VA/Habitat/conventional. Requires signed purchase offer (turn-key property), home inspection, FHA appraisal, 1% buyer down payment, 1%/min $1,000 earnest money, HUD-certified education, CFH counseling. No special-population targeting.

Northern Virginia Down Payment & Closing Cost Assistance (CFH) limita el ingreso del hogar al 80% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. HOME Program Income Limits (NoVA), as of May 2026, by household size: 1 $74,800; 2 $85,450; 3 $96,150; 4 $106,800; 5 $115,350; 6 $123,900; 7 $132,450; 8 $141,000. (Program guidelines page also shows a separate lower CFH NoVA DPA eligibility table: 1 $68,500; 2 $78,250; 3 $88,050; 4 $97,800; 5 $105,650; 6 $113,450; 7 $121,300.). 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.

Northern Virginia Down Payment & Closing Cost Assistance (CFH) limita el precio de compra así: Cash assets cannot exceed 10% of the sales price; subject to DHCD HOME sales price limits. Los tipos de propiedad elegibles incluyen Single Family, Condo, Townhouse, Manufactured y 2-4 Unit. Las viviendas prefabricadas son elegibles.

Northern Virginia Down Payment & Closing Cost Assistance (CFH) atiende a compradores de vivienda que compran en Manassas, Virginia.

Las solicitudes de Northern Virginia Down Payment & Closing Cost Assistance (CFH) se tramitan a través de CFH (Catholics for Housing, Inc. / Creating Foundations for Hope), que publica los términos vigentes y los pasos de la solicitud en su propio sitio. Los fondos se reservan a través de Application package submitted to CFH; processed on receipt subject to funding 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.