Butler County / City of Hamilton / City of Middletown Down Payment and Closing Cost Assistance Program (NHS of Hamilton)

Butler County / City of Hamilton / City of Middletown Down Payment and Closing Cost Assistance Program (NHS of Hamilton) è un prestito condonabile per chi compra casa in Hamilton, Ohio, gestito da Neighborhood Housing Services of Hamilton, Inc. (NHSH) on behalf of Butler County, City of Hamilton, and City of Middletown. Neighborhood Housing Services of Hamilton, Inc. administers a Down Payment and Closing Cost Assistance (DPA) Program for Butler County, the City of Hamilton, and the City of Middletown. The assistance helps eligible homebuyers purchasing a home in those jurisdictions and is provided as a 5-year non-amortized forgivable loan toward down payment and eligible closing costs. Forgivable loan of $1,000 minimum up to $7,500 maximum. City of Hamilton: up to $7,500, up to 50% of lender-required down payment, can cover 100% of reasonable closing costs and provide principal write-downs. Butler County: $7,500 not to exceed 6% of purchase price. City of Middletown: 6% of purchase price not to exceed $7,500. I fondi provengono da HUD HOME Investment Partnerships Program funds via Butler County, City of Hamilton, and City of Middletown.

Butler County / City of Hamilton / City of Middletown Down Payment and Closing Cost Assistance Program (NHS of Hamilton) offre un aiuto tra $1,000 e $7,500. Gli importi sono i massimi pubblicati dal programma, non un'offerta: è Neighborhood Housing Services of Hamilton, Inc. (NHSH) on behalf of Butler County, City of Hamilton, and City of Middletown a stabilire l'eventuale importo per ciascuna persona.

Butler County / City of Hamilton / City of Middletown Down Payment and Closing Cost Assistance Program (NHS of Hamilton) viene condonato dopo 5 anni, quindi chi resta nella casa per quel periodo non lo restituisce. Il rimborso scatta in caso di Failure to occupy as principal residence or sale/transfer before the end of the 5-year forgivable term; remaining pro-rated balance collected at closing from sale proceeds. L'aiuto è iscritto in posizione second. Le condizioni di condono e di rimborso sono fissate dal programma e possono cambiare: verificale sulla pagina ufficiale del programma prima di fare domanda.

Butler County / City of Hamilton / City of Middletown Down Payment and Closing Cost Assistance Program (NHS of Hamilton) è aperto a chi compra casa e ci vivrà come residenza principale. È richiesto un corso per chi compra casa. 5-year non-amortized forgivable loan; 20% forgiven each year. Pro-rated balance repaid if borrower fails to occupy as principal residence or sells before the 5-year term ends; secured by a subordinate mortgage held by the municipality where the property is located. Borrower must contribute at least $500 of own (non-gifted) funds. 8 hours of pre- and post-purchase counseling required (Hamilton). Homebuyer Education Certificate from a HUD-approved agency required (valid 1 year). All bankruptcies must be at least 2 years from discharge. Property must pass a Housing Quality Standards (HQS) inspection and be free of lead-based paint hazards. First mortgage must be a fixed-rate, fully amortizing loan with escrows. City of Hamilton applicants must authorize verification of immigration status. No cash back at closing; DPA cannot pay off personal debt. Condominiums eligible only in Butler County and City of Middletown. NOTE: borrower must purchase within the specific qualifying jurisdiction; verify current city/county allocation and funding availability (first-come, first-served).

Butler County / City of Hamilton / City of Middletown Down Payment and Closing Cost Assistance Program (NHS of Hamilton) limita il reddito familiare al 80% del reddito mediano dell'area, che varia in base alla contea e alla dimensione del nucleo familiare. Total household income at or below 80% of area median income (AMI) per HUD; income from all household members 18+ counted (excluding full-time students). FY2025 HUD HOME income limits for Butler County effective June 1, 2025 (e.g., 1-person $62,650; 4-person $89,450). Total DTI not to exceed 43% (Butler County and Hamilton); City of Middletown housing ratio not to exceed 30% (with documented exceptions up to 43%). 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.

Butler County / City of Hamilton / City of Middletown Down Payment and Closing Cost Assistance Program (NHS of Hamilton) fissa un prezzo di acquisto massimo di $277,000.

Butler County / City of Hamilton / City of Middletown Down Payment and Closing Cost Assistance Program (NHS of Hamilton) si rivolge a chi compra casa in Hamilton, Ohio. Il programma dà priorità a zone designate, quindi conta l'indirizzo oltre alla contea.

Le domande per Butler County / City of Hamilton / City of Middletown Down Payment and Closing Cost Assistance Program (NHS of Hamilton) passano da Neighborhood Housing Services of Hamilton, Inc. (NHSH) on behalf of Butler County, City of Hamilton, and City of Middletown, che pubblica sul proprio sito le condizioni attuali e i passaggi per fare domanda. 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.