American Dream First Time Homebuyer Program (Bergen County)

American Dream First Time Homebuyer Program (Bergen County) é um segundo empréstimo diferido para compradores de imóveis em Condado de Bergen, New Jersey, administrado por Bergen County Division of Community Development. Administered by the Bergen County Division of Community Development, this program provides interest-free, deferred-payback second mortgage financing plus matching down payment assistance to eligible first-time homebuyers (or those who have not owned a home in the past three years) buying a one-family house or condominium in Bergen County, NJ. It combines a 0% deferred second mortgage of up to $65,000 in HOME funds (repaid on sale, transfer of title, or loss of primary residence) with up to $10,000 of CDBG matching assistance forgiven 1/10th per year over 10 years. 0% interest deferred second mortgage up to $65,000 (HOME funds). Up to $10,000 CDBG match forgiven 1/10th per year over 10 years (grant after 10 years). Partnership with participating banks for the first mortgage. Homebuyer education/counseling. Os recursos vêm de HUD HOME Investment Partnerships Program (second mortgage) and CDBG (down payment match).

American Dream First Time Homebuyer Program (Bergen County) oferece até $75,000 de ajuda. Faixas de ajuda: Second mortgage (HOME): 0% deferred up to $65,000, repaid on sale/transfer/loss of primary residence. Down payment match (CDBG): up to $10,000 forgivable 1/10th per year over 10 years, grant after 10 years. Contribuição do comprador de imóvel: Applicant provides part of the down payment (program matches up to $10,000) and must cover all closing costs. Os valores são os máximos publicados pelo programa, não uma oferta — Bergen County Division of Community Development define qualquer ajuda individual.

American Dream First Time Homebuyer Program (Bergen County) é perdoado após 10 anos, então o comprador de imóvel que permanecer esse tempo não o devolve. O reembolso é acionado por Sale of home, transfer of title, or when the home is no longer the primary residence (applies to the $65,000 HOME second mortgage; the $10,000 CDBG match is forgiven over 10 years). A ajuda é registrada como ônus em posição Second and third lien (HOME second + CDBG match behind bank first mortgage). As condições de perdão e reembolso são definidas pelo programa e podem mudar — confirme-as na página oficial do programa antes de se inscrever.

American Dream First Time Homebuyer Program (Bergen County) é aberto a compradores do primeiro imóvel e compradores de imóveis que vão morar no imóvel como residência principal. “Primeiro imóvel” tem exceções aqui: Eligible if not owned a home in the past three years. Sobre crédito, o programa afirma: Credit-worthy track record required; bankruptcy must be discharged 5 years with re-established credit. É exigido um curso de educação para compradores de imóveis, por meio de Fair Housing Council of Northern New Jersey; Greater Bergen Community Action. Eight-hour Homebuyer Certification class given through the program. Requisito de residência: Must reside or work full-time in Bergen County. Two components: (1) 0% deferred second mortgage up to $65,000 (HOME), repaid in full on sale, transfer of title, or loss of primary residence (no fixed term); (2) up to $10,000 CDBG match (third mortgage) forgiven 1/10th per year over 10 years, a grant after 10 years. Must reside or work full-time in Bergen County. Bankruptcy must be discharged 5 years with re-established credit. All reasonable assets applied to down payment (may retain 3 months of mortgage payment reserves). Applicant pays all closing costs and must have own down payment funds. Eight-hour Homebuyer Certification class required. 2024 brochure shows $55,000 second mortgage; current webpage/PowerPoint show $65,000 (used the current figure).

American Dream First Time Homebuyer Program (Bergen County) limita a renda familiar a 80% da renda mediana da região, que varia conforme o condado e o tamanho da família. Household income at or below 80% of the County median per HUD HOME income guidelines; income from all household members over 18 counted. O limite vale para a renda total da família, não só a do mutuário. Os valores da renda mediana da região são publicados pelo HUD e atualizados todo ano, então confira a tabela atual do condado antes de se basear em um número.

American Dream First Time Homebuyer Program (Bergen County) limita o preço de compra a $523,000. Os tipos de imóvel elegíveis incluem Single Family e Condo.

American Dream First Time Homebuyer Program (Bergen County) atende compradores de imóveis que compram em Condado de Bergen, New Jersey.

As inscrições para American Dream First Time Homebuyer Program (Bergen County) são feitas por meio de Bergen County Division of Community Development, que publica as condições atuais e as etapas da inscrição no próprio site. A Hey Prescott não é uma credora e não aceita inscrições; esta página descreve o programa para que um comprador de imóvel possa levá-lo a um credor ou a um conselheiro habitacional.