100+ Advantage Loan Program

Ang 100+ Advantage Loan Program ay isang shared-appreciation loan para sa mga bibili ng bahay sa Durango, Colorado. 100+ Advantage is HomesFund's middle-/workforce-income tier of shared-appreciation down payment assistance. Designed for households earning above 100% AMI but who are still priced out of southwest Colorado's expensive housing market (Durango median home prices routinely exceed $600K). HomesFund acts as a co-investor: provides a deferred-payment 2nd mortgage in exchange for a pro-rata share of the home's future appreciation. Repayment due at sale, transfer, cash-out refi, loss of owner-occupancy, or 30-year maturity. Workforce / above-100%-AMI tier of HomesFund's shared-appreciation down payment assistance loan. Up to $100,000+ (typical range $15,000-$100,000) of 2nd-mortgage assistance with NO MONTHLY PAYMENT FOR THE LIFE OF THE LOAN. Principal plus pro-rata share of home appreciation repaid at sale, cash-out refi, title transfer, loss of owner-occupancy, or 30-year maturity. Ang pondo ay mula sa CDFI, Local Government, at Foundation.

Ang 100+ Advantage Loan Program ay isang shared-appreciation loan at binabayaran ayon sa mga tuntuning itinakda ng ang ahensyang nangangasiwa. Kailangang bayaran kapag may Sale, transfer of title, cash-out refinance, loss of owner-occupancy, or 30-year maturity -- principal plus pro-rata share of appreciation due. Nakatala ang tulong bilang lien sa posisyong 2nd. 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 100+ Advantage Loan Program sa mga bibili ng bahay na titira sa bahay bilang pangunahing tirahan. Tungkol sa credit, sinasabi ng programa: 620 minimum FICO; lender overlays may apply. Kailangan ang kurso sa homebuyer education, sa pamamagitan ng HomesFund-administered HUD-approved Homebuyer Education (online via eHome America or in-person classes scheduled through https://homesfund.org/attend-a-class/). Required 1-on-1 counseling with a HomesFund Housing Counselor. Requirement sa paninirahan: Property must be borrower's primary residence and located in La Plata, Montezuma, Archuleta, Dolores, or San Juan County, CO. Citizenship o katayuan sa imigrasyon: Per first-mortgage product / AUS findings. Must complete HomesFund Homebuyer Education and submit complete application package; meet with a HomesFund Housing Counselor. Must intend property as primary residence. Borrower may not own other residential real estate at closing (concurrent closings permitted). Asset/net-worth caps apply per HomesFund underwriting. Property must be located in HomesFund's 5-county service area. Subject to fund availability.

Nililimitahan ng 100+ Advantage Loan Program ang kita ng sambahayan sa 150% ng median na kita sa lugar, na nag-iiba ayon sa county at laki ng sambahayan. Income limits vary by household size and county within the 5-county service area. 100+ Advantage tier serves households >100% AMI up to approximately 150% AMI. Per Freddie Mac DPA One: $60,900 (1-person, smallest-county) to $164,640 (large-household, La Plata). Verify current HUD income limits with HomesFund staff. 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.

Nililimitahan ng 100+ Advantage Loan Program ang presyo ng pagbili sa $640,000. Kabilang sa mga kwalipikadong uri ng ari-arian ang Single-family detached, townhome, warrantable condo, PUD, manufactured home (with land, on permanent foundation). Kwalipikado ang bagong gawang bahay. Kwalipikado ang mga manufactured home.

Pinaglilingkuran ng 100+ Advantage Loan Program ang mga bibili ng bahay sa Durango, Colorado.

Dumadaan sa ang ahensyang nangangasiwa ang mga aplikasyon para sa 100+ Advantage Loan Program, na naglalathala ng kasalukuyang mga tuntunin at mga hakbang sa pag-apply sa sarili nitong site. Nirereserba ang pondo sa pamamagitan ng First-come, first-served via complete application package to HomesFund (https://homesfund.org/application/); reviewed by HomesFund underwriting/loan committee. 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.