Neighborhood Redevelopment Down-payment Assistance

Neighborhood Redevelopment Down-payment Assistance é um empréstimo perdoável para compradores de imóveis em Florence, South Carolina. City of Florence Community Services down-payment and closing-cost assistance for low- to moderate-income buyers purchasing newly constructed homes built by the City throughout the North, Northwest, and East Florence redevelopment neighborhoods. Assistance amount is determined case-by-case depending on the home purchased and is structured as a 15-year deferred, forgivable second mortgage. The City also pays a 4% realtor commission on behalf of the buyer. Pro-rated repayment is owed if the home is sold or no longer owner-occupied within the 15-year affordability period. Down-payment and closing-cost assistance toward the purchase of newly constructed City of Florence homes built in North, Northwest, and East Florence under the Neighborhood Redevelopment program. Amount of assistance varies and is provided on a case-by-case basis depending on the home purchased. Assistance is a 15-year deferred, forgivable second mortgage. The City pays a 4% realtor's fee on behalf of the buyer. No monthly payments. Fully forgiven at the 15-year anniversary if owner-occupancy is maintained. Os recursos vêm de City of Florence Neighborhood Redevelopment funds; CDBG and local funds; HUD Federal/Local.

Neighborhood Redevelopment Down-payment Assistance é perdoado após 15 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 failure to maintain the property as primary residence within the 15-year term triggers pro-rated repayment of the unforgiven balance to the City. After 15 years the lien is released. A ajuda é registrada como ônus em posição 2. As condições de perdão e reembolso são definidas pelo programa e podem mudar — confirme-as na página oficial do programa antes de se inscrever.

Neighborhood Redevelopment Down-payment Assistance é aberto a compradores do primeiro imóvel e compradores de imóveis que vão morar no imóvel como residência principal. “Comprador do primeiro imóvel” geralmente significa não ter tido um imóvel próprio nos últimos três anos, mas o programa define seu próprio conceito. Sobre crédito, o programa afirma: No published minimum FICO; lender underwriting standards apply. É exigido um curso de educação para compradores de imóveis, por meio de Buyer must complete a homebuyer education class. Requisito de residência: Property must be a City-constructed redevelopment home located in North, Northwest, or East Florence. Funds available on a first-come, first-served basis. $25 nonrefundable application fee. Buyer must complete homebuyer education class. Income eligibility verified (all income counted). Home must pass inspection by City and/or state prior to closing. Buyer must be approved by a bank or mortgage lender. Property must be a City of Florence-constructed redevelopment home in North, Northwest, or East Florence. Buyer must contribute at least $1,000 of own funds. Buyer must identify their realtor (if applicable) on the application form.

Neighborhood Redevelopment Down-payment Assistance limita a renda familiar a 80% da renda mediana da região, que varia conforme o condado e o tamanho da família. Household income must be within the City of Florence eligible range, approximately 80% AMI for Florence, SC: 1p $39,350; 2p $44,950; 3p $50,550; 4p $56,150; 5p $60,650; 6p $65,150; 7p $69,650; 8p $74,200. All income sources counted. O limite vale para a renda total da família, não só a do mutuário. O programa indica um tamanho máximo de família de 8. 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.

Neighborhood Redevelopment Down-payment Assistance limita o preço de compra assim: Limited by the sale price of City of Florence-constructed homes in the redevelopment areas. Os tipos de imóvel elegíveis incluem Newly constructed single-family home built by the City of Florence in the North/Northwest/East Florence redevelopment neighborhoods. Construções novas são elegíveis. Casas pré-fabricadas não são elegíveis.

Neighborhood Redevelopment Down-payment Assistance atende compradores de imóveis que compram em Florence, South Carolina. O programa é voltado para áreas específicas: Neighborhood Redevelopment areas in North Florence, Northwest Florence, and East Florence where the City of Florence is constructing new infill homes.

As inscrições para Neighborhood Redevelopment Down-payment Assistance são feitas por meio de o órgão que administra o programa, que publica as condições atuais e as etapas da inscrição no próprio site. Os recursos são reservados por meio de Applications submitted to City of Florence Community Services on a first-come, first-served basis; $25 nonrefundable application fee. 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.