Petersburg RHA Down Payment & Closing Cost Assistance (DPA)

Petersburg RHA Down Payment & Closing Cost Assistance (DPA) es un segundo préstamo diferido para compradores de vivienda en Petersburg, Virginia, a cargo de Petersburg Redevelopment and Housing Authority (PRHA). PRHA is a DHCD-designated regional administrator of the Virginia HOMEownership Down Payment and Closing Cost Assistance Program (DPA). It provides deferred assistance to lower-income, first-time homebuyers who cannot typically qualify for conventional mortgage products, for the purchase of a primary residence. An income-eligible buyer may receive up to 10% of the purchase price toward the down payment plus up to $2,500 toward closing costs, to a maximum of $40,000. Assistance is structured with a mandatory affordability period and secured by a restricted deed of covenant and promissory note. Up to 10% of purchase price for down payment. Up to $2,500 for closing costs. Maximum assistance $40,000. No monthly payments or interest during affordability period. Serves buyers who cannot qualify for conventional products. Los fondos provienen de HUD HOME funds passed through the Virginia DHCD HOMEownership Down Payment and Closing Cost Assistance Program.

Petersburg RHA Down Payment & Closing Cost Assistance (DPA) ofrece hasta $40,000 de ayuda. Aporte del comprador de vivienda: Must provide 1% of sales price from personal funds, or a minimum of $500. El programa se puede combinar con Buyer's first mortgage; HUD-certified homebuyer education through Virginia Housing. Los montos son los máximos publicados por el programa, no una oferta: Petersburg Redevelopment and Housing Authority (PRHA) determina cualquier ayuda individual.

Petersburg RHA Down Payment & Closing Cost Assistance (DPA) es diferido, así que no hay pagos hasta que la vivienda se venda o se refinancie, o se termine de pagar la primera hipoteca. El reembolso se activa por Sale, transfer, refinance, or cessation of owner-occupancy as primary residence before the end of the affordability period. La ayuda se registra con un gravamen en posición Subordinate. 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.

Petersburg RHA Down Payment & Closing Cost Assistance (DPA) 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. Se requiere un curso de educación para compradores de vivienda, a través de HUD-certified Homebuyer Education class sponsored by Virginia Housing (1-888-643-2696). Requisito de residencia: Property must be located within PRHA's DPA service area. Up to 10% of purchase price toward down payment plus up to $2,500 closing costs (attorney fee, title insurance, taxes). First-time homebuyer; primary residence; contribute 1% of sales price (min $500). Complete HUD-certified Virginia Housing homebuyer education. Income at or below 80% AMI by family size. DTI not to exceed 45%; housing ratio not to exceed 33%. Applicants with cash/liquid assets of 10% or more of sales price are ineligible. Sign homebuyer agreement and execute restricted deed of covenant and promissory note; lien placed for affordability period. Required docs: signed application, mortgage application from lender, monthly household budget. Up to 15% of sales price within DHCD-approved areas. PRHA DPA contact: Latysha Carpenter, ext. 136. Application packet effective 05-15-24.

Petersburg RHA Down Payment & Closing Cost Assistance (DPA) limita el ingreso del hogar al 80% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. Household income at or below 80% AMI by household size (Richmond MSA): 1p $61,780; 2p $70,600; 3p $79,450; 4p $88,250; 5p $95,350; 6p $102,400; 7p $109,450; 8p $116,500. 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.

Petersburg RHA Down Payment & Closing Cost Assistance (DPA) limita el precio de compra así: Initial purchase price or after-rehab value cannot exceed 95% of area median purchase price for single-family housing per HUD (HOME homeownership sales price limits). Los tipos de propiedad elegibles incluyen Single Family.

Petersburg RHA Down Payment & Closing Cost Assistance (DPA) atiende a compradores de vivienda que compran en Petersburg, Virginia. El programa se dirige a áreas específicas: Serves Chesterfield, Petersburg, Colonial Heights, Dinwiddie, Hopewell, Prince George, Emporia, Greensville, Sussex and Surry; up to 15% of sales price available within DHCD-approved targeted areas.

Las solicitudes de Petersburg RHA Down Payment & Closing Cost Assistance (DPA) se tramitan a través de Petersburg Redevelopment and Housing Authority (PRHA), que publica los términos vigentes y los pasos de la solicitud en su propio sitio. 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.