West Cook Advantage Program (WCA)

West Cook Advantage Program (WCA)은(는) Oak Park, Illinois 주택 구매자를 위한 탕감 가능 대출입니다. The West Cook Advantage Program (WCA) is administered by the West Cook Homeownership Center (WCHC), a program of the Oak Park Regional Housing Center (OPRHC). WCA pairs the purchase of fully-rehabbed homes in five western Cook County suburbs (Bellwood, Berwyn, Forest Park, Maywood, Oak Park) with up to $10,000 in forgivable down payment assistance. The DPA is recorded as a 5-year, 0% interest forgivable second mortgage with monthly forgiveness; buyers must be at or below 120% AMI, qualify for a 30-year fixed Conventional/FHA/VA mortgage, and complete WCHC homebuyer education. Up to $10,000 in down payment assistance (combination of forgivable loan and grant funds) for moderate-income buyers purchasing fully-rehabbed homes in five west-suburban Cook County communities: Bellwood, Berwyn, Forest Park, Maywood, and Oak Park. Structured as a 0% interest forgivable second mortgage recorded at closing and forgiven monthly over 5 years (1/60th per month). Buyer pays nothing on the assistance as long as they live in the home as primary residence. sale, refinance, or non-occupancy before the 5-year term ends triggers a prorated payback of the unforgiven balance. 재원은 Nonprofit, Local, Federal 및 CDBG에서 나옵니다.

West Cook Advantage Program (WCA)은(는) 5년 후 탕감되므로, 그 기간 동안 거주한 주택 구매자는 상환하지 않습니다. 상환 사유: Forgiven 1/60th per month over 5 years 및 prorated unforgiven balance due if home is sold, refinanced with cash-out, transferred, or no longer borrower's primary residence before 5-year term ends. 지원금은 2nd Lien 순위로 등기됩니다. 탕감 및 상환 조건은 프로그램이 정하며 바뀔 수 있습니다 — 신청 전에 공식 프로그램 페이지에서 확인하세요.

West Cook Advantage Program (WCA)의 대상: 주택을 주 거주지로 사용할 주택 구매자. 신용에 대해 프로그램은 다음과 같이 명시합니다: Per West Cook Homeownership Center and primary lender underwriting (typically 620+). 주택 구매자 교육 이수가 필요하며, West Cook Homeownership Center HUD-approved homebuyer education class and one-on-one housing counseling (required prior to WCA closing).을(를) 통해 받습니다. 거주 요건: Property must be in Bellwood, Berwyn, Forest Park, Maywood, or Oak Park (Cook County, IL) and used as borrower's primary residence. 시민권 또는 이민 신분: U.S. citizen or qualifying non-citizen with eligible immigration status. Property must be a fully-rehabbed home participating in the West Cook Advantage rehab program, located in Bellwood, Berwyn, Forest Park, Maywood, or Oak Park. Buyer must qualify for a 30-year fixed Conventional, FHA, or VA mortgage. Maximum household income at or below 120% Chicago AMI. Buyer must contribute a minimum of $1,000 of own funds. Buyer must complete West Cook Homeownership Center HUD-approved homebuyer education and one-on-one counseling. Property must be occupied as primary residence for full 5-year forgiveness term to realize full forgiveness benefit.

West Cook Advantage Program (WCA)은(는) 가구 소득을 지역 중위 소득의 120%로 제한하며, 이 금액은 카운티와 가구 규모에 따라 다릅니다. Household income at or below 120% of Chicago-Naperville-Elgin MSA AMI; seed range $42,600-$120,480 reflects 50%-120% AMI by household size. 한도는 차입자 본인의 소득만이 아니라 가구 전체 소득에 적용됩니다. 지역 중위 소득 수치는 HUD가 발표하고 매년 갱신하므로, 수치를 믿고 판단하기 전에 해당 카운티의 최신 표를 확인하세요.

West Cook Advantage Program (WCA)의 구매 가격 상한은 다음과 같습니다: Per WCA-rehabbed home sale price (set per individual rehab project); first-mortgage product limits also apply. 대상 주택 유형: Fully-rehabbed single-family home, 1-4 unit, condominium, or townhouse participating in WCA rehab program in eligible communities. 신축 주택은 대상이 아닙니다. 조립식 주택은 대상이 아닙니다.

West Cook Advantage Program (WCA)은(는) Oak Park, Illinois에서 주택을 구매하는 주택 구매자를 지원합니다. 이 프로그램은 특정 지역을 대상으로 합니다: Eligible properties limited to fully-rehabbed homes in five west-suburban Cook County communities: Bellwood, Berwyn, Forest Park, Maywood, and Oak Park.

West Cook Advantage Program (WCA) 신청은 운영 기관을(를) 통해 진행되며, 해당 기관이 자체 사이트에 최신 조건과 신청 절차를 게시합니다. 자금 예약: Application directly with West Cook Homeownership Center after completion of homebuyer education and counseling; subject to WCA program funding availability and rehabbed-home inventory. Hey Prescott는 대출 기관이 아니며 신청서를 받지 않습니다. 이 페이지는 주택 구매자가 대출 기관이나 주택 상담사에게 가져갈 수 있도록 프로그램을 설명합니다.