Closing Cost Assistance Program (CCAP)

Ang Closing Cost Assistance Program (CCAP) ay isang grant para sa mga bibili ng bahay sa Statewide, Alaska. The AHFC Closing Cost Assistance Program (CCAP), governed by Section 5013 of the AHFC Sellers Guide, provides 3% or 4% of the initial mortgage principal balance (depending on loan type and credit score) to qualified Alaskan homebuyers using an AHFC FHA, VA, or USDA-RHS first mortgage. Assistance is wired by AHFC directly to the closing table as a non-repayable contribution and may be applied to down payment, closing costs (including reserves), or principal reduction. The product is a 30-year fixed-rate first mortgage for purchase transactions only. Income limits, acquisition cost limits, and first-time homebuyer requirements do not apply. Minimum 640 credit score and 45% maximum total DTI required. Up to 4% of the initial principal balance of an AHFC FHA, VA, or USDA-RHS first mortgage delivered as non-repayable assistance at closing for use as down payment, closing costs (including reserves), and/or principal reduction. Cash back to borrower is strictly prohibited. No income limits, acquisition cost limits, or first-time homebuyer requirement. Available with a 30-year fixed-rate AHFC first mortgage. Ang pondo ay mula sa AHFC corporate funds delivered as Housing Finance Agency (HFA) closing assistance.

Ang Closing Cost Assistance Program (CCAP) ay isang grant, kaya hindi ito binabayaran. Kailangang bayaran kapag may None - assistance is non-repayable at cash back to borrower is strictly prohibited. Nakatala ang tulong bilang lien sa posisyong First (CCAP assistance is delivered as closing funds, not as a separate lien). Ang mga tuntunin sa pagpapatawad at pagbabayad ay itinatakda ng programa at maaaring magbago — kumpirmahin ang mga ito sa opisyal na pahina ng programa bago mag-apply.

Bukas ang Closing Cost Assistance Program (CCAP) sa mga bibili ng bahay na titira sa bahay bilang pangunahing tirahan. Tungkol sa credit, sinasabi ng programa: 640 minimum (per Section 5013.02.A.9). For FHA: 640-659 receive 3% assistance; manually-underwritten FHA loans receive 3% regardless of score; FHA scores 660+ with automated approval receive 4%. VA and USDA-RHS receive 4% regardless of credit score (with 640 minimum). Requirement sa paninirahan: Borrower must be an Alaska resident; property must be in Alaska and owner-occupied as primary residence. Citizenship o katayuan sa imigrasyon: Per FHA/VA/USDA guidelines (U.S. citizen, permanent resident, or qualifying non-permanent resident). Purchase transactions only - refinance is not eligible. Borrower must be an Alaska resident, occupy property as primary residence, complete Form PUR-80 (Waiver and Release of Liability), Form UND-22 (no back child support), satisfactory home inspection, and underwriter certification of all criteria within 15 days of reservation. Funds wired to closing as 'Funds from HFA - Alaska Housing Finance Corporation' on HUD-1 line 204-209. 48-hour notice to AHFC required for wire (Form UND-15). Loan must be closed and delivered to servicer within 45 days of reservation; purchased within 70 days (one 30-day extension available, $375 fee).

Ganito itinatakda ng Closing Cost Assistance Program (CCAP) ang income limit nito: No AHFC-specific income limits apply to CCAP. Underlying FHA, VA, or USDA-RHS guidelines apply (USDA-RHS has its own income limit). For reference, FY2025 Alaska Low Income Limits (effective May 12, 2025), 4-person household: Anchorage $129,000; Fairbanks North Star $114,900; Juneau $128,700; Mat-Su $120,600; Kenai Peninsula $114,300; Ketchikan Gateway $119,300; statewide low limit $114,300. Nalalapat ang limit sa kabuuang kita ng sambahayan, hindi lang sa kita ng nanghihiram. Ang mga numero ng median na kita sa lugar ay inilalathala ng HUD at ina-update taun-taon, kaya tingnan ang kasalukuyang talahanayan para sa county bago umasa sa isang numero.

Ganito nililimitahan ng Closing Cost Assistance Program (CCAP) ang presyo ng pagbili: No AHFC acquisition cost limit (per Section 5013); FHA/VA/USDA loan limits apply via the underlying product. Kabilang sa mga kwalipikadong uri ng ari-arian ang Single-family (one-unit) at Condominium. Kwalipikado ang bagong gawang bahay. Hindi kwalipikado ang mga manufactured home.

Pinaglilingkuran ng Closing Cost Assistance Program (CCAP) ang mga bibili ng bahay sa Statewide, Alaska.

Dumadaan sa ang ahensyang nangangasiwa ang mga aplikasyon para sa Closing Cost Assistance Program (CCAP), na naglalathala ng kasalukuyang mga tuntunin at mga hakbang sa pag-apply sa sarili nitong site. Nirereserba ang pondo sa pamamagitan ng AHFC Lender Online reservation; underwriter certification within 15 days; close/deliver within 45 days; purchase within 70 days (one $375 30-day extension available). Ang Hey Prescott ay hindi nagpapautang at hindi tumatanggap ng aplikasyon; inilalarawan ng pahinang ito ang programa para madala ito ng bibili ng bahay sa isang lender o housing counselor.