SLVHC Down Payment Assistance Program

SLVHC Down Payment Assistance Program est un second prêt différé pour les futurs propriétaires de Multiple (Alamosa, Conejos, Costilla, Mineral, Rio Grande, Saguache) County, Colorado. The San Luis Valley Housing Coalition Down Payment Assistance Program (general track) is the standard SLVHC DPA offering for income-qualified homebuyers in the six-county San Luis Valley region. Funded through Housing Development Grant (HDG) funds from the Colorado Division of Housing, the program provides a low-interest amortizing second-mortgage loan to cover down payment and closing costs on a primary-residence home purchase. Loans carry a fixed 0-2% interest rate (with broader 1-5% range cited on the SLVHC About Us page across program tiers), are amortized over 5 years or longer based on affordability, and are secured by a Deed of Trust. Buyers contribute as little as $1,000 of their own funds. Loan amounts vary up to $19,500 depending on purchase price. Monthly payments deposit into a Revolving Loan Fund. Borrowers must complete the CRHDC First Time Home Buyers class. SLVHC has expanded its DPA income limits to up to 120% AMI as of July 2025; the lower-tier income range ($79,126-$122,100) reported on DPA One reflects the prior 100% AMI eligibility tier. Low-interest amortizing loan (0% to 2% fixed. range up to 5% per About Us page) for the down payment and closing costs on a primary-residence home purchase in the San Luis Valley. Loan amount up to $19,500. Borrower contribution as low as $1,000 of buyer's own funds. Loans amortized over 5 years or longer based on affordability. Secured by Deed of Trust against the home. Monthly payments deposited into a Revolving Loan Fund. Le financement provient de State, HDG (Colorado Division of Housing Housing Development Grant) et Revolving Loan Fund.

SLVHC Down Payment Assistance Program est différé : aucun paiement n’est dû avant la vente ou le refinancement du logement, ou le remboursement du premier prêt hypothécaire. Le remboursement est déclenché par Monthly amortizing payments per loan note, secured by Deed of Trust against the home et balance due at sale, refinance, or transfer. L’aide est inscrite au rang suivant : 2. Les conditions d’annulation et de remboursement sont fixées par le programme et peuvent changer — vérifiez-les sur la page officielle du programme avant de déposer une demande.

SLVHC Down Payment Assistance Program est ouvert à les futurs propriétaires qui occuperont le logement comme résidence principale. Au sujet du crédit, le programme précise : Not separately published; subject to underlying first-mortgage lender requirements. Un cours pour futurs propriétaires est obligatoire, auprès de Community Resources and Housing Development Corporation (CRHDC) — First Time Home Buyer class, free first Saturday each month (call 589-1680) or online for a fee at https://crhdc.org/. Condition de résidence : Property must be located in the San Luis Valley (Alamosa, Conejos, Costilla, Mineral, Rio Grande, or Saguache County, Colorado) and used as borrower's primary residence. Property must be borrower's primary residence post-purchase. Borrower must have permanent first-mortgage financing through a lending institution. Borrower must complete the CRHDC 'First Time Home Buyers' class (free monthly in-person or paid online). Loan secured by Deed of Trust. Minimum $1,000 of borrower's own funds toward down payment. Income reviewed annually.

SLVHC Down Payment Assistance Program plafonne le revenu du ménage à 100 % du revenu médian de la zone, qui varie selon le comté et la taille du ménage. DPA One profile reports income range of $79,126 (1-person, low end) to $122,100 (5-person upper limit, ~100% AMI tier). Current published SLVHC limits as of July 2025 (now extended to 120% AMI) are: 1 person $85,680; 2 persons $97,920; 3 persons $110,160; 4 persons $122,400; 5 persons $132,240. Income limits are updated annually; contact SLVHC for current figures. Le plafond s’applique au revenu total du ménage, pas seulement à celui de l’emprunteur. Les chiffres du revenu médian de la zone sont publiés par HUD et mis à jour chaque année : consultez le tableau en vigueur pour le comté avant de vous fier à un chiffre.

SLVHC Down Payment Assistance Program plafonne le prix d’achat ainsi : Loan amount tied to purchase price of the home; SLVHC DPA loan up to $19,500 maximum. Les types de logements admissibles comprennent Single-family detached, Townhome et Condominium (warrantable, per first-mortgage overlays). Les constructions neuves sont admissibles.

SLVHC Down Payment Assistance Program s’adresse aux futurs propriétaires qui achètent à Multiple (Alamosa, Conejos, Costilla, Mineral, Rio Grande, Saguache) County, Colorado.

Les demandes pour SLVHC Down Payment Assistance Program passent par l’organisme gestionnaire, qui publie les conditions en vigueur et les étapes de la demande sur son propre site. Les fonds sont réservés par l’intermédiaire de Direct application to SLVHC; intake handled by DPA Loan Specialist (Jo Manzanares, dpa@slvhc.com). Hey Prescott n’est pas un prêteur et n’accepte pas de demandes ; cette page décrit le programme pour qu’un futur propriétaire puisse en parler à un prêteur ou à un conseiller en logement.