SICOG / SIDG Housing Revolving Loan Fund (H-RLF) Down Payment Assistance

Ang SICOG / SIDG Housing Revolving Loan Fund (H-RLF) Down Payment Assistance ay isang ipinagpalibang pangalawang loan para sa mga bibili ng bahay sa Creston, Iowa, na pinangangasiwaan ng Southern Iowa Council of Governments (SICOG) / Southern Iowa Development Group, Inc. (SIDG). The Southern Iowa Development Group, Inc. Housing Revolving Loan Fund (SIDG H-RLF), administered through SICOG, helps first-time homebuyers in SIDG's eight-county region overcome the down payment obstacle. Loans of up to $6,500 are made for down payment assistance only and must be matched dollar-for-dollar with the borrower's own funds. The loan carries a fixed 2% interest rate over a seven-year term, with the first two years deferred of interest and payments. A $100 application fee and 1% closing cost apply. The home must be the borrower's principal residence. Each loan requires a 25% local match (from a local bank, development group, realtor, city, county, or private individual). A first-time homebuyer is someone who has not owned or purchased a home in the last three years. Down payment assistance loan up to $6,500. Fixed 2% interest with first two years deferred. Seven-year term. Ang pondo ay mula sa Southern Iowa Development Group, Inc. Housing Revolving Loan Fund (SIDG H-RLF); requires 25% local match (bank, development group, realtor, city, county, or private individual).

Nag-aalok ang SICOG / SIDG Housing Revolving Loan Fund (H-RLF) Down Payment Assistance ng tulong na hanggang $6,500. Ambag ng bibili ng bahay: Borrower must match the loan dollar-for-dollar with their own funds (e.g., up to $6,500 borrower contribution for a $6,500 loan). Ang mga halaga ay ang pinakamataas na inilathala ng programa, hindi isang alok — ang Southern Iowa Council of Governments (SICOG) / Southern Iowa Development Group, Inc. (SIDG) ang nagpapasya sa anumang indibidwal na award.

Ipinagpaliban ang SICOG / SIDG Housing Revolving Loan Fund (H-RLF) Down Payment Assistance, kaya walang bayarin hanggang maibenta o ma-refinance ang bahay, o mabayaran nang buo ang unang mortgage. Kailangang bayaran kapag may Repayable loan: 7-year term with the first two years deferred of interest and payments; principal and 2% interest repaid over the remaining term. Not forgivable. Official source does not state acceleration on sale/refinance/loss of owner-occupancy. 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 SICOG / SIDG Housing Revolving Loan Fund (H-RLF) Down Payment Assistance 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. Requirement sa paninirahan: Property must be located in one of SIDG's eight counties (Adair, Adams, Clarke, Decatur, Madison, Ringgold, Taylor, Union) where local match has been provided. staged from primary sources (sicog.com/housing + H-RLF brochure); verify before publishing. Distinct from the SW Iowa SWIPCO program. Income table, credit/DTI, max purchase price, and education requirements not published on the official source; left blank.

Ganito itinatakda ng SICOG / SIDG Housing Revolving Loan Fund (H-RLF) Down Payment Assistance ang income limit nito: No hard income cap is published; SIDG can generally make a loan to a borrower at any income level, but at least 51% of first-time homebuyers assisted must meet low-to-moderate income guidelines. Specific income tables by household size are not published on the official source. 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.

Magagamit ang SICOG / SIDG Housing Revolving Loan Fund (H-RLF) Down Payment Assistance para sa Single Family.

Pinaglilingkuran ng SICOG / SIDG Housing Revolving Loan Fund (H-RLF) Down Payment Assistance ang mga bibili ng bahay sa Creston, Iowa.

Dumadaan sa Southern Iowa Council of Governments (SICOG) / Southern Iowa Development Group, Inc. (SIDG) ang mga aplikasyon para sa SICOG / SIDG Housing Revolving Loan Fund (H-RLF) Down Payment Assistance, na naglalathala ng kasalukuyang mga tuntunin at mga hakbang sa pag-apply sa sarili nitong site. Nirereserba ang pondo sa pamamagitan ng Buyer typically contacts a participating local financial institution or realtor, which conducts the initial loan review and signs the SIDG loan application; inquiry form submitted to SICOG at (641) 782-8491. 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.