Summit Revolving Loan Fund Down Payment Assistance Loan Program

Summit Revolving Loan Fund Down Payment Assistance Loan Program è un secondo prestito differito per chi compra casa in Frisco, Colorado. The Summit Revolving Loan Fund (RLF) is Summit Combined Housing Authority's flagship down payment assistance product, funded by Summit County voters' 5A sales tax (originally approved in 2006 at 0.125% and increased in 2016 to 0.6%). The RLF provides a 2% interest second mortgage of up to $40,000 (raised from $25,000) with no monthly payments — repaid in full upon sale, refinance, transfer, or loss of owner-occupancy. Available to Summit County workforce buyers between roughly 76% and 160% AMI, with a minimum 620 credit score. Funds may be used for both deed-restricted and free-market purchases and, for deed-restricted owners, HOA dues or unexpected-expense fees. Up to $40,000 from the Summit Revolving Loan Fund as a 2% interest, no-monthly-payment second-mortgage style DPA. Loan principal and interest are due upon sale, refinance, transfer, or loss of owner-occupancy. Funds may be applied to down payment, closing costs, and (for deed-restricted units) HOA assessments and unexpected-expense fees. I fondi provengono da Local Government (Summit County 5A sales tax).

Summit Revolving Loan Fund Down Payment Assistance Loan Program è differito, quindi non ci sono pagamenti finché la casa non viene venduta o rifinanziata, o finché il mutuo principale non è estinto. Il rimborso scatta in caso di Sale, transfer, refinance, or loss of owner-occupancy (deferred until then). L'aiuto è iscritto in posizione 2. Le condizioni di condono e di rimborso sono fissate dal programma e possono cambiare: verificale sulla pagina ufficiale del programma prima di fare domanda.

Summit Revolving Loan Fund Down Payment Assistance Loan Program è aperto a chi compra casa e ci vivrà come residenza principale. Sul credito, il programma afferma: 620 minimum. È richiesto un corso per chi compra casa, tramite Summit Combined Housing Authority; eHomeAmerica (online). Requisito di residenza: Property must be in Summit County and owner-occupied as primary residence. Cittadinanza o status migratorio: U.S. citizen or eligible non-citizen (per first-mortgage requirements). Household income between approximately 76% AMI and 160% AMI for Summit County (4-person example: roughly $64,100 - $136,160). Minimum credit score 620. Property must be owner-occupied primary residence in Summit County (Breckenridge, Frisco, Dillon, Silverthorne, Keystone, Copper Mountain, Blue River, Montezuma, unincorporated Summit County). Loan funds available for both deed-restricted units and free-market homes within county purchase-price guidelines. Mandatory homebuyer education through SCHA (eHomeAmerica online or in-person classes). Funded by Summit County's voter-approved 5A sales-tax revenues (0.6% sales tax dedicated to affordable housing).

Summit Revolving Loan Fund Down Payment Assistance Loan Program limita il reddito familiare al 160% del reddito mediano dell'area, che varia in base alla contea e alla dimensione del nucleo familiare. Eligible household income approximately 76% AMI to 160% AMI for Summit County, scaled by household size — sample 4-person range $64,100 - $136,160. Il limite si applica al reddito totale del nucleo familiare, non solo a quello del richiedente del mutuo. I dati sul reddito mediano dell'area sono pubblicati da HUD e aggiornati ogni anno, quindi controlla la tabella attuale della contea prima di basarti su una cifra.

Summit Revolving Loan Fund Down Payment Assistance Loan Program limita il prezzo di acquisto così: No published maximum purchase price; SCHA reviews on a case-by-case basis subject to deed-restriction price caps where applicable. I tipi di immobile idonei includono Single-family detached, Townhome e Condominium. Le nuove costruzioni sono idonee.

Summit Revolving Loan Fund Down Payment Assistance Loan Program si rivolge a chi compra casa in Frisco, Colorado.

Le domande per Summit Revolving Loan Fund Down Payment Assistance Loan Program passano da l'ente che gestisce il programma, che pubblica sul proprio sito le condizioni attuali e i passaggi per fare domanda. I fondi vengono prenotati tramite Application via Summit Combined Housing Authority (summithousing.us/lending). Hey Prescott non è un istituto di credito e non accetta domande; questa pagina descrive il programma perché chi compra casa possa parlarne con un istituto di credito o un consulente abitativo.