Deferred Closing Costs Assistance Loan

Ang Deferred Closing Costs Assistance Loan ay isang ipinagpalibang pangalawang loan para sa mga bibili ng bahay sa Statewide, Hawaii. The Deferred Closing Costs Assistance Loan from HHOC Mortgage is a deferred 0% interest loan of up to $10,000 ($5,000 in Honolulu County) requiring $5,000 matched savings from the borrower. Funds may be used toward closing costs, including rate buy-down. No monthly payments; loan is deferred for 15 years or earlier upon sale, title change, cash-out refi/HELOC, or non-occupancy. Designed for low-income (up to 80% AMI) first-time homebuyers in Hawaii. Deferred closing-cost assistance loan with 0% interest and NO monthly payments. Funds may be used toward closing costs, including rate buy-down. Loan up to $10,000 (Honolulu County: up to $5,000) with required matched savings of $5,000 from the borrower. Deferred for 15 years or earlier upon sale, transfer of title, cash-out refinance, HELOC, or borrower no longer occupying property. Combinable with DPAL and Mortgage Booster. Ang pondo ay mula sa Nonprofit, Foundation, at Private.

Nag-aalok ang Deferred Closing Costs Assistance Loan ng tulong na hanggang $10,000. Ambag ng bibili ng bahay: Borrower must contribute $5,000 matched savings (4:1 match: $2,500 borrower contribution unlocks up to $10,000). Maaaring isama ang programa sa iba pang tulong, ayon sa mga patakaran ng bawat isa. Ang mga halaga ay ang pinakamataas na inilathala ng programa, hindi isang alok — ang ang ahensyang nangangasiwa ang nagpapasya sa anumang indibidwal na award.

Ipinagpaliban ang Deferred Closing Costs Assistance Loan, kaya walang bayarin hanggang maibenta o ma-refinance ang bahay, o mabayaran nang buo ang unang mortgage. Kailangang bayaran kapag may Sale, transfer of title, cash-out refinance, HELOC, borrower ceases to occupy as primary residence, or end of 15-year deferral period. Nakatala ang tulong bilang lien sa posisyong 2nd 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 Deferred Closing Costs Assistance Loan sa mga unang beses na bibili ng bahay at mga bibili ng bahay na titira sa bahay bilang pangunahing tirahan. Ang "unang beses na bibili ng bahay" ay karaniwang nangangahulugang hindi nagmay-ari ng bahay sa nakaraang tatlong taon, pero ang programa ang nagtatakda ng sarili nitong kahulugan. Tungkol sa credit, sinasabi ng programa: Per first-mortgage product overlays (HHOC Mortgage typically requires mid-FICO of at least 640-700 depending on product). Kailangan ang kurso sa homebuyer education, sa pamamagitan ng Hawaii HomeOwnership Center (HHOC) - approximately 9 hours of homebuyer education (live or online) plus one coaching session required. Requirement sa paninirahan: Property must be located in the State of Hawaii and used as borrower's primary residence; yearly occupancy affidavit required. Citizenship o katayuan sa imigrasyon: U.S. citizen or U.S. permanent resident (per first-mortgage product overlays). First-time homebuyer (no ownership of primary residence in past 3 years). Must complete HHOC homebuyer education (~9 hours) and a coaching session with the Hawaii HomeOwnership Center. HHOC Mortgage must originate the first mortgage. Borrower must contribute $5,000 in matched savings. Property must be primary residence; yearly occupancy affidavit required. Honolulu County borrowers eligible for up to $5,000 only; all other counties up to $10,000.

Nililimitahan ng Deferred Closing Costs Assistance Loan ang kita ng sambahayan sa 80% ng median na kita sa lugar, na nag-iiba ayon sa county at laki ng sambahayan. Household income up to 80% of HUD Area Median Income (AMI) for the county where the property is located. Honolulu County FY25 100% AMI = $129,300 4-person; 80% AMI ~ $103,400 4-person. 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 Deferred Closing Costs Assistance Loan ang presyo ng pagbili: No published purchase price cap; subject to first-mortgage product limits. Kabilang sa mga kwalipikadong uri ng ari-arian ang Single-family detached, condominium, townhouse - principal residence only. Kwalipikado ang bagong gawang bahay. Hindi kwalipikado ang mga manufactured home.

Pinaglilingkuran ng Deferred Closing Costs Assistance Loan ang mga bibili ng bahay sa Statewide, Hawaii.

Dumadaan sa ang ahensyang nangangasiwa ang mga aplikasyon para sa Deferred Closing Costs Assistance Loan, na naglalathala ng kasalukuyang mga tuntunin at mga hakbang sa pag-apply sa sarili nitong site. Nirereserba ang pondo sa pamamagitan ng Funds reserved by HHOC Mortgage Loan Officer once borrower enters into a purchase contract. Funds may be limited; borrowers should communicate with HHOC Mortgage Loan Officer before submitting an offer. 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.