SICOG / SIDG Housing Revolving Loan Fund (H-RLF) Down Payment Assistance

SICOG / SIDG Housing Revolving Loan Fund (H-RLF) Down Payment Assistance est un second prêt différé pour les futurs propriétaires de Creston, Iowa, sous la gestion de Southern Iowa Council of Governments (SICOG) / Southern Iowa Development Group, Inc. (SIDG). The Southern Iowa Development Group, Inc. Housing Revolving Loan Fund (SIDG H-RLF), administered through SICOG, helps first-time homebuyers in SIDG's eight-county region overcome the down payment obstacle. Loans of up to $6,500 are made for down payment assistance only and must be matched dollar-for-dollar with the borrower's own funds. The loan carries a fixed 2% interest rate over a seven-year term, with the first two years deferred of interest and payments. A $100 application fee and 1% closing cost apply. The home must be the borrower's principal residence. Each loan requires a 25% local match (from a local bank, development group, realtor, city, county, or private individual). A first-time homebuyer is someone who has not owned or purchased a home in the last three years. Down payment assistance loan up to $6,500. Fixed 2% interest with first two years deferred. Seven-year term. Le financement provient de Southern Iowa Development Group, Inc. Housing Revolving Loan Fund (SIDG H-RLF); requires 25% local match (bank, development group, realtor, city, county, or private individual).

SICOG / SIDG Housing Revolving Loan Fund (H-RLF) Down Payment Assistance offre jusqu’à $6,500 d’aide. Apport du futur propriétaire : Borrower must match the loan dollar-for-dollar with their own funds (e.g., up to $6,500 borrower contribution for a $6,500 loan). Les montants sont les plafonds publiés par le programme, et non une offre — Southern Iowa Council of Governments (SICOG) / Southern Iowa Development Group, Inc. (SIDG) décide de chaque aide individuelle.

SICOG / SIDG Housing Revolving Loan Fund (H-RLF) Down Payment Assistance 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 Repayable loan: 7-year term with the first two years deferred of interest and payments; principal and 2% interest repaid over the remaining term. Not forgivable. Official source does not state acceleration on sale/refinance/loss of owner-occupancy. 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.

SICOG / SIDG Housing Revolving Loan Fund (H-RLF) Down Payment Assistance est ouvert à les primo-accédants et les futurs propriétaires qui occuperont le logement comme résidence principale. « Primo-accédant » signifie généralement ne pas avoir été propriétaire d’un logement au cours des trois dernières années, mais le programme fixe sa propre définition. Condition de résidence : Property must be located in one of SIDG's eight counties (Adair, Adams, Clarke, Decatur, Madison, Ringgold, Taylor, Union) where local match has been provided. staged from primary sources (sicog.com/housing + H-RLF brochure); verify before publishing. Distinct from the SW Iowa SWIPCO program. Income table, credit/DTI, max purchase price, and education requirements not published on the official source; left blank.

SICOG / SIDG Housing Revolving Loan Fund (H-RLF) Down Payment Assistance fixe son plafond de revenus ainsi : No hard income cap is published; SIDG can generally make a loan to a borrower at any income level, but at least 51% of first-time homebuyers assisted must meet low-to-moderate income guidelines. Specific income tables by household size are not published on the official source. 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.

SICOG / SIDG Housing Revolving Loan Fund (H-RLF) Down Payment Assistance peut servir pour Single Family.

SICOG / SIDG Housing Revolving Loan Fund (H-RLF) Down Payment Assistance s’adresse aux futurs propriétaires qui achètent à Creston, Iowa.

Les demandes pour SICOG / SIDG Housing Revolving Loan Fund (H-RLF) Down Payment Assistance passent par Southern Iowa Council of Governments (SICOG) / Southern Iowa Development Group, Inc. (SIDG), qui publie les conditions en vigueur et les étapes de la demande sur son propre site. Les fonds sont réservés par l’intermédiaire de Buyer typically contacts a participating local financial institution or realtor, which conducts the initial loan review and signs the SIDG loan application; inquiry form submitted to SICOG at (641) 782-8491. 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.