First Time Home-Buyers Program

Ang First Time Home-Buyers Program ay isang ipinagpalibang pangalawang loan para sa mga bibili ng bahay sa Multiple County, Massachusetts. Merrimack Valley Housing Partnership is a private nonprofit founded in 1990 that delivers first-time homebuyer education, one-on-one counseling, and DPA packaging across the greater Merrimack Valley (Andover, Billerica, Chelmsford, Dracut, Haverhill, Lawrence, Lowell, Methuen, Tewksbury, Tyngsborough, and surrounding towns). MVHP is the principal HUD-approved housing-counseling agency for the region and packages the City of Lowell HOME-funded DPA second-mortgage loan as well as connecting clients to LDFC, MassHousing, MAHA, and FHLBank Boston products. MVHP connects qualified first-time homebuyers in the Merrimack Valley with down-payment and closing-cost assistance, primarily through the City of Lowell HOME Program (0% interest deferred second-mortgage loan up to $20,000) and the Lowell Development & Financial Corporation 'soft second' product. MVHP itself provides comprehensive 12-hour homebuyer education (HUD-approved curriculum), individual housing counseling, mortgage-product matching, and packaging support to qualify buyers for federal HOME, MassHousing, ONE Mortgage, and bank CRA products. Buyers who complete MVHP counseling are eligible to apply for the City of Lowell HOME DPA loan and other municipal programs in Andover, Haverhill, Lawrence, Methuen, and surrounding Merrimack Valley communities. Ang pondo ay mula sa HOME, CDBG, MassHousing, Federal, Local Government, at Private.

Ipinagpaliban ang First Time Home-Buyers Program, kaya walang bayarin hanggang maibenta o ma-refinance ang bahay, o mabayaran nang buo ang unang mortgage. Kailangang bayaran kapag may Deferred 0% second-mortgage repayable in full upon sale, refinance with cash-out, transfer of title, or loss of primary-residence status (City of Lowell HOME DPA). 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 First Time Home-Buyers 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 of residential real estate in prior 3 years). Tungkol sa credit, sinasabi ng programa: No fixed minimum from MVHP; underwriting follows the buyer's first-mortgage product (typical floor 620-640). Kailangan ang kurso sa homebuyer education, sa pamamagitan ng Merrimack Valley Housing Partnership (HUD-approved 12-hour homebuyer education). Requirement sa paninirahan: Property must be located in MVHP service area (Lowell for the HOME DPA; partner communities for related products) and be the buyer's primary residence. Citizenship o katayuan sa imigrasyon: U.S. citizen or eligible non-citizen permitted by HUD HOME / CDBG rules. First-time homebuyer (no homeownership in prior 3 years); complete MVHP/HUD-approved 12-hour homebuyer education; income at or below 80% HUD area-median income for the Lowell HMFA (approx. $68,500 1-person to $129,100 8-person FY26 limits); property must be in the Merrimack Valley service area (City of Lowell HOME DPA limited to City of Lowell; other partner communities include Lawrence, Haverhill, Methuen, Andover, Tewksbury, Dracut, Billerica, Chelmsford, Tyngsborough); meet HUD Housing Quality Standards; primary-residence requirement; minimum buyer contribution typically 1.5% of purchase price.

Nililimitahan ng First Time Home-Buyers Program ang kita ng sambahayan sa 80% ng median na kita sa lugar, na nag-iiba ayon sa county at laki ng sambahayan. Household income at or below 80% AMI for the Lowell HMFA: ~$68,500 1-person, $78,300 2-person, $88,100 3-person, $97,850 4-person, up to ~$129,100 8-person (FY26 HUD limits). Nalalapat ang limit sa kabuuang kita ng sambahayan, hindi lang sa kita ng nanghihiram. Nakalista sa programa ang pinakamalaking laki ng sambahayan na 8. 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 First Time Home-Buyers Program ang presyo ng pagbili: Limited by HUD HOME 95% area median purchase-price limits for Lowell HMFA (updated annually). Kabilang sa mga kwalipikadong uri ng ari-arian ang Single-family detached, Two-family, Three-family, Townhouse, at Condominium. Kwalipikado ang bagong gawang bahay. Hindi kwalipikado ang mga manufactured home.

Pinaglilingkuran ng First Time Home-Buyers Program ang mga bibili ng bahay sa Multiple County, Massachusetts. Tinutukoy ng programa ang mga partikular na lugar: Merrimack Valley region: Lowell, Lawrence, Haverhill, Methuen, Andover, Billerica, Chelmsford, Dracut, Tewksbury, Tyngsborough.

Dumadaan sa ang ahensyang nangangasiwa ang mga aplikasyon para sa First Time Home-Buyers 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; buyer enrolls in MVHP homebuyer-education class, completes counseling, and submits DPA application package through MVHP to the City of Lowell or partner municipality. 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.