Greater Albuquerque Habitat for Humanity Homeownership Program

Greater Albuquerque Habitat for Humanity Homeownership Program è un mutuo principale per chi compra casa in Albuquerque, New Mexico, gestito da Greater Albuquerque Habitat for Humanity (GAHH). Greater Albuquerque Habitat for Humanity builds affordable, energy-efficient entry-level homes for income-qualified first-time homebuyers in Bernalillo and South Sandoval counties and sells them with an interest-free (0%) mortgage and a low down payment. Selected families contribute 350 hours of sweat equity and complete homebuyer education. Income must be between 50% and 80% of Bernalillo County AMI. 0% interest mortgage. Low down payment (approx. $2,500 in savings). Newly built, energy-efficient home. Homebuyer education and guidance. Support throughout the homebuying process. Builds equity and long-term financial stability. I fondi provengono da Greater Albuquerque Habitat for Humanity (donations, ReStore proceeds, grants); homes built with volunteer labor.

Greater Albuquerque Habitat for Humanity Homeownership Program è un mutuo principale e si restituisce secondo le condizioni fissate da Greater Albuquerque Habitat for Humanity (GAHH). Il rimborso scatta in caso di Monthly mortgage payments over the life of the loan; an affordability/resale subordinate lien (silent second representing the subsidy) may be recaptured if the home is sold during the affordability period. Specific recapture terms not published on the primary source. L'aiuto è iscritto in posizione First (affordable mortgage held by GAHH); subsidy may be a subordinate silent lien. Le condizioni di condono e di rimborso sono fissate dal programma e possono cambiare: verificale sulla pagina ufficiale del programma prima di fare domanda.

Greater Albuquerque Habitat for Humanity Homeownership Program è aperto a chi compra la prima casa e chi compra casa e ci vivrà come residenza principale. "Chi compra la prima casa" di solito indica chi non ha posseduto una casa negli ultimi tre anni, ma il programma stabilisce una propria definizione. Sul credito, il programma afferma: No published minimum credit score, but an acceptable credit history is required; all collections and judgments must be paid in full. È richiesto un corso per chi compra casa, tramite Greater Albuquerque Habitat for Humanity homebuyer education classes (count toward sweat-equity hours). Requisito di residenza: Must have lived or worked in Bernalillo and/or South Sandoval County for the past 12 months; must be willing to live in the neighborhood where Habitat is currently building. Cittadinanza o status migratorio: All household members must be U.S. citizens or permanent residents. Application cycle was PAUSED as of June 2026 (interest list open; GAHH states preparations are underway to reopen soon) - it is a recurring standing program, not discontinued. Requires 350 hours of sweat equity (building your home and others' homes plus homebuyer education). Every household member over 18 must consent to a background and sex-offender check; all applicants and co-applicants must consent to a credit check. Deferred student loans counted at 0.5% of balance per month. Exact dollar income limits and any resale/recapture lien terms were not published on the primary public pages.

Greater Albuquerque Habitat for Humanity Homeownership Program limita il reddito familiare al 80% del reddito mediano dell'area, che varia in base alla contea e alla dimensione del nucleo familiare. Gross annual household income must be between 50% and 80% of the Area Median Income (AMI) for Bernalillo County; updated annually based on HUD figures and household size. Exact dollar limits are published on GAHH's Income Criteria page (year-dependent). 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.

Greater Albuquerque Habitat for Humanity Homeownership Program può essere usato per Single-family detached (newly built Habitat home). Le nuove costruzioni sono idonee. Le case prefabbricate non sono idonee.

Greater Albuquerque Habitat for Humanity Homeownership Program si rivolge a chi compra casa in Albuquerque, New Mexico.

Le domande per Greater Albuquerque Habitat for Humanity Homeownership Program passano da Greater Albuquerque Habitat for Humanity (GAHH), che pubblica sul proprio sito le condizioni attuali e i passaggi per fare domanda. I fondi vengono prenotati tramite Inquiry list; applicants notified by email when the application cycle opens, then request an application packet by mail. 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.