Northern Virginia Down Payment & Closing Cost Assistance (CFH)

Northern Virginia Down Payment & Closing Cost Assistance (CFH) è un prestito condonabile per chi compra casa in Manassas, Virginia, gestito da CFH (Catholics for Housing, Inc. / Creating Foundations for Hope). CFH (Catholics for Housing, Inc., d/b/a Creating Foundations for Hope), a Manassas-based 501(c)(3), administers the Virginia DHCD HOMEownership Down Payment and Closing Cost Assistance (DPA) program in Northern Virginia. It provides down payment and closing cost assistance to first-time homebuyers at or below 80% of area median income, structured as a forgivable second deed of trust with an affordability period scaled to the amount of assistance. Assistance cannot exceed 10% (15% in high-cost areas) of the sale price, and buyers must contribute at least 1% and complete HUD-certified homebuyer education and CFH counseling. Down payment & closing cost assistance (up to 10%, or 15% in high-cost areas, of sale price). Forgivable second deed of trust. Homeownership counseling. HUD-certified homebuyer education. I fondi provengono da Virginia DHCD HOME Investment Partnerships funds (federal).

Northern Virginia Down Payment & Closing Cost Assistance (CFH) offre un aiuto fino a $40,000. Fasce di contributo: Affordability period tiers by assistance amount: <=$14,999 (5 yrs), $15,000-$40,000 (10 yrs), >$40,000 (15 yrs). Contributo di chi compra casa: Buyer down payment must equal at least 1% of the property cost; earnest money deposit of 1% of sales price, not less than $1,000. Gli importi sono i massimi pubblicati dal programma, non un'offerta: è CFH (Catholics for Housing, Inc. / Creating Foundations for Hope) a stabilire l'eventuale importo per ciascuna persona.

Northern Virginia Down Payment & Closing Cost Assistance (CFH) è un prestito condonabile, quindi il saldo viene condonato quando sono soddisfatte le condizioni del programma. Il rimborso scatta in caso di Funds are recaptured if, during the affordability period, the property is refinanced, sold, the forgivable second trust is assumed, the property ceases to be the principal residence, the property is leased/rented, the property is renovated to reduce bedrooms, or covenants are breached. 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.

Northern Virginia Down Payment & Closing Cost Assistance (CFH) è aperto a chi compra la prima casa e chi compra casa e ci vivrà come residenza principale. Qui "prima casa" prevede delle eccezioni: Counts as first-time if no ownership interest in real estate in the last 3 years. Sul credito, il programma afferma: No published numeric minimum; must meet mortgage/lender requirements. È richiesto un corso per chi compra casa, tramite HUD-certified Homebuyer Education Class (e.g., Virginia Housing homeownership class) plus CFH homeownership counseling. Requisito di residenza: Property must be in CFH's Northern Virginia service area. Forgivable second deed of trust with affordability period scaled to assistance amount (5/10/15 years). Max 95% LTV; first mortgage must be fixed-rate 30/35/38-yr USDA/Virginia Housing/FHA/VA/Habitat/conventional. Requires signed purchase offer (turn-key property), home inspection, FHA appraisal, 1% buyer down payment, 1%/min $1,000 earnest money, HUD-certified education, CFH counseling. No special-population targeting.

Northern Virginia Down Payment & Closing Cost Assistance (CFH) limita il reddito familiare al 80% del reddito mediano dell'area, che varia in base alla contea e alla dimensione del nucleo familiare. HOME Program Income Limits (NoVA), as of May 2026, by household size: 1 $74,800; 2 $85,450; 3 $96,150; 4 $106,800; 5 $115,350; 6 $123,900; 7 $132,450; 8 $141,000. (Program guidelines page also shows a separate lower CFH NoVA DPA eligibility table: 1 $68,500; 2 $78,250; 3 $88,050; 4 $97,800; 5 $105,650; 6 $113,450; 7 $121,300.). 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.

Northern Virginia Down Payment & Closing Cost Assistance (CFH) limita il prezzo di acquisto così: Cash assets cannot exceed 10% of the sales price; subject to DHCD HOME sales price limits. I tipi di immobile idonei includono Single Family, Condo, Townhouse, Manufactured e 2-4 Unit. Le case prefabbricate sono idonee.

Northern Virginia Down Payment & Closing Cost Assistance (CFH) si rivolge a chi compra casa in Manassas, Virginia.

Le domande per Northern Virginia Down Payment & Closing Cost Assistance (CFH) passano da CFH (Catholics for Housing, Inc. / Creating Foundations for Hope), che pubblica sul proprio sito le condizioni attuali e i passaggi per fare domanda. I fondi vengono prenotati tramite Application package submitted to CFH; processed on receipt subject to funding 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.