United Way of the Wabash Valley Home Down Payment Assistance Program

Ang United Way of the Wabash Valley Home Down Payment Assistance Program ay isang grant para sa mga bibili ng bahay sa Terre Haute, Indiana, na pinangangasiwaan ng United Way of the Wabash Valley. A joint venture between United Way of the Wabash Valley and partnering Wabash Valley financial institutions that provides up to 5% in assistance (3% toward down payment and 2% toward closing costs) for the purchase of a home priced up to $80,000, with assistance capped at $4,000 for higher-priced homes. Households at or below 80% of county Area Median Income who invest at least $1,000 of their own funds and complete financial literacy education may qualify. Assistance is provided at closing and secured by a recorded Recapture Agreement requiring the buyer to remain in the home for 5 years. Up to 5% / $4,000 toward down payment and closing costs. No interest, no monthly payments. Forgiven after 5 years of owner-occupancy. Open to repeat buyers (not first-time-only). Paired with specialized lender mortgage packages. Ang pondo ay mula sa United Way of the Wabash Valley and partnering financial institutions.

Nag-aalok ang United Way of the Wabash Valley Home Down Payment Assistance Program ng tulong na hanggang $4,000. Ambag ng bibili ng bahay: Applicant must invest $1,000 of their own funds. Maaaring isama ang programa sa Specialized mortgage packages from participating banks (Hometown Savings Bank, First Financial Bank, Fifth Third Bank, First Farmers Bank & Trust, Fairway Home Mortgage). Ang mga halaga ay ang pinakamataas na inilathala ng programa, hindi isang alok — ang United Way of the Wabash Valley ang nagpapasya sa anumang indibidwal na award.

Ang United Way of the Wabash Valley Home Down Payment Assistance Program ay isang grant, kaya hindi ito binabayaran. Kailangang bayaran kapag may Prorated repayment if borrower does not remain in the home for 5 years, per the recorded Recapture Agreement with UWWV. 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 United Way of the Wabash Valley Home Down Payment Assistance Program sa mga bibili ng bahay na titira sa bahay bilang pangunahing tirahan. Kailangan ang kurso sa homebuyer education, sa pamamagitan ng Applicant must complete 8 hours of approved financial literacy classes prior to closing, or provide proof of completing such courses within the last year. Requirement sa paninirahan: New residence must be located in Clay, Parke, Sullivan, Vermillion, or Vigo County, Indiana, or Clark County, Illinois. Citizenship o katayuan sa imigrasyon: Applicant must be a U.S. citizen or a legal resident with a Social Security number. Submit completed Eligibility Requirements form (signed by applicant and financial partner) to Michele Bennett, UWWV Community Impact Manager (mbennett@uwwv.org). Counties served: Clay, Parke, Sullivan, Vermillion, Vigo (IN) and Clark (IL). Education = 8 hours of financial literacy.

Nililimitahan ng United Way of the Wabash Valley Home Down Payment Assistance Program ang kita ng sambahayan sa 80% ng median na kita sa lugar, na nag-iiba ayon sa county at laki ng sambahayan. Entire household income must be under 80% of the county's Area Median Income (HUD limits); proof of income required. 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.

Magagamit ang United Way of the Wabash Valley Home Down Payment Assistance Program para sa Single Family.

Pinaglilingkuran ng United Way of the Wabash Valley Home Down Payment Assistance Program ang mga bibili ng bahay sa Terre Haute, Indiana.

Dumadaan sa United Way of the Wabash Valley ang mga aplikasyon para sa United Way of the Wabash Valley Home Down Payment Assistance Program, na naglalathala ng kasalukuyang mga tuntunin at mga hakbang sa pag-apply sa sarili nitong site. Nirereserba ang pondo sa pamamagitan ng Lender or applicant contacts UWWV to confirm funds available; signed Eligibility Requirements form approved by UWWV reserves funds; 2 months to close once approved. 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.