HOMEownership Down Payment & Closing Cost Assistance Program (DPA) - Blue Ridge Housing Network

HOMEownership Down Payment & Closing Cost Assistance Program (DPA) - Blue Ridge Housing Network — это отсроченный второй заём для покупателей жилья: округ Winchester City, Frederick, Clarke, Warren, Page, Shenandoah, Virginia; администратор — Blue Ridge Housing Network, Inc. (BRHN) - regional administrator for the Virginia DHCD HOMEownership DPA program. The HOMEownership Down Payment & Closing Cost Assistance Program (DPA), administered locally by Blue Ridge Housing Network for the Northern Shenandoah Valley (City of Winchester and Clarke, Frederick, Page, Shenandoah, and Warren counties), provides flexible gap financing to first-time homebuyers at or below 80% of area median income. Income-eligible buyers may receive up to 10% of the sales price (up to 15% in this designated high-cost region) plus up to $2,500 toward closing costs, with a maximum total of $40,000. Assistance is a 0% interest, no-payment deferred (silent second) loan secured by a deed of trust that is fully forgiven after a 5- or 10-year affordability period. Up to 10% (15% in high-cost area) of sales price toward down payment. Up to $2,500 toward closing costs. Maximum $40,000 total assistance. 0% interest, no monthly payments. Fully forgivable after 5- or 10-year affordability period. Free housing counseling. Источник финансирования: HUD HOME Investment Partnerships Program funds allocated through Virginia DHCD.

HOMEownership Down Payment & Closing Cost Assistance Program (DPA) - Blue Ridge Housing Network предоставляет от $1,000 до $40,000 помощи. Уровни помощи: Affordability period set by subsidy amount: $1,000-$14,999 = 5 years; $15,000-$40,000 = 10 years. Up to 10% of sales price (15% in designated high-cost/depressed localities, which include the BRHN service area) plus up to $2,500 closing costs. Взнос покупателя жилья: Buyers 50%-80% AMI contribute 1% of sales price from personal funds; buyers under 50% AMI contribute $500. Программу можно сочетать с: VIDA, ARS (Acquire, Renovate, Sell), Virginia Housing DPA, Virginia Housing SPARC, FHLB programs, USDA programs, Fannie Mae/Freddie Mac assistance programs. Суммы — это опубликованные программой максимумы, а не предложение; размер каждой отдельной помощи определяет Blue Ridge Housing Network, Inc. (BRHN) - regional administrator for the Virginia DHCD HOMEownership DPA program.

HOMEownership Down Payment & Closing Cost Assistance Program (DPA) - Blue Ridge Housing Network — отсроченная помощь: платежи не требуются, пока жильё не будет продано или рефинансировано либо пока не будет погашена первая ипотека. Возврат требуется в случае: Sale, transfer of title, loan assumption, or ceasing to occupy the home as principal residence during the affordability period. Помощь регистрируется как залог в очереди: Second (silent/deferred second deed of trust behind the first-trust mortgage). Условия списания и возврата устанавливает программа, и они могут меняться — перед подачей заявки проверьте их на официальной странице программы.

HOMEownership Down Payment & Closing Cost Assistance Program (DPA) - Blue Ridge Housing Network открыта для тех, кто покупает жильё впервые и покупателей жилья, которые будут жить в доме как в основном месте жительства. Из правила «впервые» здесь есть исключения: Never owned a home OR not held primary ownership in a principal residence within the most recent three-year period (with special cases for mobile homes titled as personal property and non-occupied investment/inherited property). О кредитной истории программа сообщает: FICO median score of 620; at least 3 trade lines open and current. Alternative credit may be considered. Обязателен курс для покупателей жилья, через HUD-certified homebuyer education course through Virginia Housing, NeighborWorks, or a HUD-certified agency; one-on-one counseling required (BRHN provides counseling free). [Unparsed numeric values moved to notes: max_liquid_assets: Homebuyers with cash assets of 10% or more of the sales price are ineligible (excluding assets that cannot be liquidated without penalty).] First-time homebuyer; household income at or below 80% AMI; minimum 620 median FICO with 3+ open/current trade lines; minimum 90-day work history; complete HUD-certified homebuyer education and one-on-one counseling; 1% buyer contribution (50-80% AMI) or $500 (under 50% AMI); cash assets under 10% of sales price; fixed-rate first mortgage only; property must pass UPCS inspection and appraisal.

HOMEownership Down Payment & Closing Cost Assistance Program (DPA) - Blue Ridge Housing Network ограничивает доход домохозяйства 80% от медианного дохода по району, который зависит от округа и размера семьи. Total household income at or below 80% of Area Median Income as established by HUD for household size and locality; income for all household members over 18 counted (full-time students 18+ excluded). Предел относится к общему доходу домохозяйства, а не только к доходу заёмщика. Показатели медианного дохода по району публикует HUD и обновляет ежегодно, поэтому, прежде чем полагаться на цифру, сверьтесь с действующей таблицей для округа.

HOMEownership Down Payment & Closing Cost Assistance Program (DPA) - Blue Ridge Housing Network ограничивает цену покупки так: Home value/sales price may not exceed 95% of the area median home sales price (HUD 203(b) limits), established annually by HUD. Допустимые виды жилья: Single Family, 2-4 Unit, Townhouse, Condo, Modular и Manufactured. Новостройки допускаются. Сборные (заводские) дома допускаются.

HOMEownership Down Payment & Closing Cost Assistance Program (DPA) - Blue Ridge Housing Network помогает покупателям жилья, которые покупают в этом месте: округ Winchester City, Frederick, Clarke, Warren, Page, Shenandoah, Virginia. Программа направлена на определённые районы: Designated high-cost/chronically economically depressed localities receive up to 15% of sales price (vs 10% standard). Winchester, Frederick, Clarke, Warren, Page, and Shenandoah qualify for the 15% tier.

Заявки на HOMEownership Down Payment & Closing Cost Assistance Program (DPA) - Blue Ridge Housing Network подаются через Blue Ridge Housing Network, Inc. (BRHN) - regional administrator for the Virginia DHCD HOMEownership DPA program; агентство публикует действующие условия и порядок подачи на своём сайте. Средства резервируются через First-come, first-served; funds cannot be reserved until the homebuyer is pre-approved by a lender and meets DPA eligibility guidelines. Hey Prescott не является кредитором и не принимает заявки; эта страница описывает программу, чтобы покупатель жилья мог обсудить её с кредитором или жилищным консультантом.