Cumberland County First-Time Homebuyer's Down Payment and Closing Cost Assistance Program

Cumberland County First-Time Homebuyer's Down Payment and Closing Cost Assistance Program è un prestito condonabile per chi compra casa in contea di Cumberland, Pennsylvania, gestito da The Redevelopment Authority of Cumberland County (Cumberland County Housing & Redevelopment Authorities). A county-funded first-time homebuyer down payment and closing cost assistance program providing up to $5,000 (up to $3,000 for 80-100% AMI; up to $5,000 below 80% AMI) as a five-year, no-interest, forgivable second-mortgage loan, matching the buyer's contribution 3-to-1. Applicants must have lived or worked in Cumberland County for six months, be a first-time homebuyer, have a 620+ credit score, complete homebuyer education, hold no more than $30,000 in assets after settlement, and purchase a single-family home in Cumberland County. Up to $5,000 in DP/closing cost assistance. No interest, no monthly payments. Fully forgiven after 5 years. 3-to-1 match on buyer contribution. No maximum purchase price. I fondi provengono da County of Cumberland (administered via the Redevelopment Authority of Cumberland County); awards each year depend on the annual allocation.

Cumberland County First-Time Homebuyer's Down Payment and Closing Cost Assistance Program offre un aiuto fino a $5,000. Fasce di contributo: 80-100% of County Median Income: up to $3,000. Below 80% of County Median Income: up to $5,000. Contributo di chi compra casa: Buyer must contribute their own funds matched 3-to-1 (program provides $3 per $1 of buyer funds); match capped at $3,000 (80-100% AMI) or $5,000 (below 80% AMI). Gli importi sono i massimi pubblicati dal programma, non un'offerta: è The Redevelopment Authority of Cumberland County (Cumberland County Housing & Redevelopment Authorities) a stabilire l'eventuale importo per ciascuna persona.

Cumberland County First-Time Homebuyer's Down Payment and Closing Cost Assistance Program viene condonato dopo 5 anni, quindi chi resta nella casa per quel periodo non lo restituisce. Il rimborso scatta in caso di Sale, transfer, or loss of owner-occupancy before the 5-year forgiveness term completes; 1/60 forgiven per month. 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.

Cumberland County First-Time Homebuyer's Down Payment and Closing Cost Assistance Program è aperto a chi compra la prima casa e chi compra casa e ci vivrà come residenza principale. Qui "prima casa" prevede delle eccezioni: First-time = never owned a home; owned a mobile home but not the land; displaced homemaker; or not owned a home within the last three years. Sul credito, il programma afferma: Credit score of 620 or higher with lender documentation. È richiesto un corso per chi compra casa, tramite Any HUD-approved Housing Counseling agency; certificate of completion required prior to settlement. Requisito di residenza: Must have lived or worked in Cumberland County for at least six months. PROGRAM STATUS: official program page (modified 2026-05-27) states the program CLOSES TO NEW APPLICATIONS EFFECTIVE JULY 1, 2026; active and accepting applications as of the research date (2026-06-15). Upon approval, applicant has up to 6 months to close. Detailed guidelines/application/grant-agreement PDFs are linked on the program page but cached copies returned mismatched documents; values are from the official HTML program page only. Max DTI, citizenship, new-construction/HOA/flood-zone, and loan-mechanics fields not specified (null).

Cumberland County First-Time Homebuyer's Down Payment and Closing Cost Assistance Program limita il reddito familiare al 100% del reddito mediano dell'area, che varia in base alla contea e alla dimensione del nucleo familiare. 2026 income limits (gross annual household income not to exceed 100% AMI): 1: 80%=$61,250/100%=$76,600; 2: $70,000/$87,500; 3: $78,750/$98,400; 4: $87,450/$109,300; 5: $94,450/$118,100; 6: $101,450/$126,800; 7: $108,450/$135,600; 8: $115,450/$144,300. Il limite si applica al reddito totale del nucleo familiare, non solo a quello del richiedente del mutuo. Il programma indica una dimensione massima del nucleo familiare di 8. 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.

Cumberland County First-Time Homebuyer's Down Payment and Closing Cost Assistance Program limita il prezzo di acquisto così: No maximum purchase price; eligible applicants may purchase single-family homes of any price in Cumberland County. I tipi di immobile idonei includono Single-family detached, Manufactured home (HUD code, permanently affixed) e Modular/factory-built housing. Le case prefabbricate sono idonee.

Cumberland County First-Time Homebuyer's Down Payment and Closing Cost Assistance Program si rivolge a chi compra casa in contea di Cumberland, Pennsylvania.

Le domande per Cumberland County First-Time Homebuyer's Down Payment and Closing Cost Assistance Program passano da The Redevelopment Authority of Cumberland County (Cumberland County Housing & Redevelopment Authorities), che pubblica sul proprio sito le condizioni attuali e i passaggi per fare domanda. I fondi vengono prenotati tramite Applications accepted year-round; funds reserved first-come, first-served subject to availability. 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.