Down Payment Settlement (DPS) Program

Ang Down Payment Settlement (DPS) Program ay isang ipinagpalibang pangalawang loan para sa mga bibili ng bahay sa New Castle County, Delaware. The New Castle County Down Payment Settlement (DPS) Program enables low- and moderate-income first-time homebuyers to purchase homes throughout New Castle County (excluding the City of Wilmington) by providing up to $10,000 in down payment and settlement/closing-cost assistance. Funded primarily through HUD HOME and/or CDBG, the assistance is structured as a 15-year, 0%-interest second mortgage with a 24-month payment deferral period followed by required monthly amortization. Down payment and settlement/closing-cost assistance up to $10,000, structured as a 0% interest 15-year second mortgage. The first 24 months are deferred (no payments). monthly principal payments begin in month 25. Maximum $10,000 loan amortizes to roughly $64.10 per month over the remaining term. Property purchase price capped at $460,000. Available throughout New Castle County (excluding the City of Wilmington, which administers its own First Start program). Ang pondo ay mula sa Federal HOME, Federal CDBG, at Local Government.

Ipinagpaliban ang Down Payment Settlement (DPS) Program, kaya walang bayarin hanggang maibenta o ma-refinance ang bahay, o mabayaran nang buo ang unang mortgage. Kailangang bayaran kapag may First 24 months deferred (no payment). Monthly principal payments begin in month 25 and continue through the 15-year term. Outstanding balance becomes immediately due upon sale, transfer, refinance (cash-out), or loss of owner-occupancy. Nakatala ang tulong bilang lien sa posisyong 2. 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 Down Payment Settlement (DPS) Program sa mga unang beses na bibili ng bahay at mga bibili ng bahay na titira sa bahay bilang pangunahing tirahan. May mga eksepsiyon dito ang "unang beses": First-time homebuyer = no ownership in last 3 years; standard HUD displaced-homemaker / single-parent exceptions apply. Tungkol sa credit, sinasabi ng programa: No published NCC-specific minimum; first-mortgage product credit-score minimums apply. Kailangan ang kurso sa homebuyer education, sa pamamagitan ng HUD-approved housing counseling agency (e.g., NeighborGood Partners/NCALL, Interfaith Community Housing of Delaware); pre-purchase homeownership counseling required. Requirement sa paninirahan: Property must be located within New Castle County, DE (outside the City of Wilmington), and serve as borrower's primary residence. Citizenship o katayuan sa imigrasyon: U.S. citizen or eligible non-citizen per first-mortgage product rules. First-time homebuyer (no homeownership in prior 3 years). Household income may not exceed 80% of HUD area median income for New Castle County (range approximately $64,250 1-person to $121,150 8-person at 80% AMI under current HUD limits). Property must be located in New Castle County, DE, outside the City of Wilmington (which has its own First Start program), and serve as buyer's primary residence. Maximum purchase price $460,000. Borrower must contribute minimum $500 of own funds. Buyer must complete HUD-approved pre-purchase homebuyer counseling. Loan is 0% interest 15-year second mortgage with 24-month payment deferral; required monthly payments begin in month 25.

Nililimitahan ng Down Payment Settlement (DPS) Program ang kita ng sambahayan sa 80% ng median na kita sa lugar, na nag-iiba ayon sa county at laki ng sambahayan. Total household income may not exceed 80% of HUD area median income for the New Castle County, DE HUD income area, adjusted for household size. Approximate range: $64,250 (1-person) to $121,150 (8-person) at 80% AMI under current HUD limits. 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 Down Payment Settlement (DPS) Program ang presyo ng pagbili sa $460,000. Kabilang sa mga kwalipikadong uri ng ari-arian ang Single-family detached, Townhome, at Condominium. Kwalipikado ang bagong gawang bahay. Hindi kwalipikado ang mga manufactured home.

Pinaglilingkuran ng Down Payment Settlement (DPS) Program ang mga bibili ng bahay sa New Castle County, Delaware.

Dumadaan sa ang ahensyang nangangasiwa ang mga aplikasyon para sa Down Payment Settlement (DPS) Program, na naglalathala ng kasalukuyang mga tuntunin at mga hakbang sa pag-apply sa sarili nitong site. Nirereserba ang pondo sa pamamagitan ng Application processed by NCC Department of Community Services in coordination with first-mortgage lender; funds awarded first-come, first-served subject to availability. 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.