ONE+Boston Home Buyer Program

Ang ONE+Boston Home Buyer Program ay isang ipinagpalibang pangalawang loan para sa mga bibili ng bahay sa Boston, Massachusetts. City of Boston's marquee FTHB program. Pairs MHP/MassHousing ONE Mortgage (30-yr fixed, no PMI, 3% down) with additional City of Boston DPA grant (3% up to $50,000 / 2% up to $35,000 by AMI tier) and city-funded interest-rate buy-down. Property must be in City of Boston. 640 FICO 1-unit / 660 FICO 2-3 family. Max purchase $585,000 (1-unit). FTHB required. ONE+Boston is the City of Boston's marquee first-time homebuyer program, combining the affordable MassHousing/MHP ONE Mortgage first-mortgage product (30-year fixed. LOWEST available fixed rate. NO PRIVATE MORTGAGE INSURANCE. just-3% down) PLUS additional City of Boston down payment assistance + a city-funded interest-rate buydown that yields the lowest fixed 30-year mortgage rate available in Boston for first-time homebuyers. Boston DPA grant amounts: 3% of purchase price up to $50,000 + closing costs for borrowers at or below 100% AMI. 2% of purchase price up to $35,000 for borrowers between 101-135% AMI. ONE Mortgage requires only 3% down (1.5% from borrower's own funds) with no PMI. Maximum purchase price $585,000 (single-family/condo) - higher caps apply to 2-3 family. 640 FICO single-family/condo, 660 FICO multi-family. Property must be in the City of Boston. First-time homebuyer required. Ang pondo ay mula sa Local Government, HOME, at CDBG.

Nagbibigay ang ONE+Boston Home Buyer Program ng tulong na katumbas ng 3% ng presyo ng pagbili, ayon sa itinakda ng programa. Ambag ng bibili ng bahay: Minimum 1.5% of purchase price must come from the borrower's OWN funds (verifiable savings). The remaining 1.5% of the 3% required down payment may come from gift funds, the City's DPA grant, or other DPA sources. 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 ONE+Boston Home Buyer Program, kaya walang bayarin hanggang maibenta o ma-refinance ang bahay, o mabayaran nang buo ang unang mortgage. Kailangang bayaran kapag may City of Boston DPA component is structured as a 0% interest deferred soft-second / forgivable second mortgage. Per Boston Home Center program documentation, the DPA is forgiven over a city-defined affordability period (typically 5-15 years depending on purchase price and DPA size) provided the property remains the borrower's primary residence at balance becomes due on sale, refinance for cash-out, transfer of title, or non-owner-occupancy during the affordability 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 ONE+Boston Home Buyer 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 requirement - no ownership of a primary residence in past 3 years. No targeted-area waiver (program is City of Boston only). Tungkol sa credit, sinasabi ng programa: 640 minimum FICO for single-family / condominium purchases; 660 minimum FICO for 2-3 family multi-unit purchases. Kailangan ang kurso sa homebuyer education, sa pamamagitan ng Boston Home Center-approved homebuyer counseling agencies (HUD-certified MA-based agencies including MAHA, Allston-Brighton CDC, Asian CDC, Codman Square NDC, Dorchester Bay EDC, MHP, Urban Edge, others). Pre-purchase counseling required. Requirement sa paninirahan: Property must be located within the City of Boston (any neighborhood: Allston, Back Bay, Beacon Hill, Brighton, Charlestown, Chinatown, Dorchester, East Boston, Fenway, Hyde Park, Jamaica Plain, Mattapan, Mission Hill, North End, Roslindale, Roxbury, South Boston, South End, West End, West Roxbury). Borrower must occupy as primary residence. Citizenship o katayuan sa imigrasyon: U.S. citizen, permanent resident, or qualifying non-permanent resident alien per ONE Mortgage overlays. First-time homebuyer required (no ownership of primary residence in past 3 years). Property must be located in the City of Boston (any neighborhood) - this is a CITY-SPECIFIC program. Owner-occupied primary residence (1-3 unit; condo project-approved). 640 minimum FICO single-family/condo; 660 minimum FICO 2-3 family. Minimum 1.5% of purchase price from borrower's own savings (the remaining 1.5% may come from gift, DPA, grant). 45% maximum DTI. Income at or below 135% AMI for the Boston-Cambridge-Newton MSA (verify by household size; published ceiling approximately $215,450 for 4+ person 135% AMI tier). Pre-purchase homebuyer education and counseling required with a Boston Home Center-approved agency. Must use an MHP/ONE Mortgage participating lender. Income-eligibility certification through MHP.

Nililimitahan ng ONE+Boston Home Buyer Program ang kita ng sambahayan sa 135% ng median na kita sa lugar, na nag-iiba ayon sa county at laki ng sambahayan. Income at or below 135% of the Boston-Cambridge-Newton MSA AMI per HUD tables, by household size. Approximate 2026 tiers: $114,250 (1-person, lower-bound published) to $215,450 (4+ person 135% AMI ceiling). The City's DPA grant is calibrated by AMI band: <=100% AMI = 3% of purchase price up to $50,000; 101-135% AMI = 2% of purchase price up to $35,000. 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 ONE+Boston Home Buyer Program ang presyo ng pagbili sa $585,000. Kabilang sa mga kwalipikadong uri ng ari-arian ang Single-family detached, 2-3 unit owner-occupied multi-family, condominium (project-approved). 4-unit not eligible under ONE+Boston (ONE Mortgage caps at 3 units). Kwalipikado ang bagong gawang bahay. Hindi kwalipikado ang mga manufactured home.

Binabanggit ng ONE+Boston Home Buyer Program ang mga beterano, mga miyembro ng militar na nasa aktibong serbisyo, mga reservist at miyembro ng National Guard, at mga naiwang asawa sa mga grupong pinaglilingkuran nito. Ang pagkakabanggit dito ay nangangahulugang binabanggit ng programa ang grupo, hindi na sapat na ang pagiging miyembro para maging kwalipikado ang isang aplikante — nalalapat pa rin ang iba pang patakaran sa eligibility.

Pinaglilingkuran ng ONE+Boston Home Buyer Program ang mga bibili ng bahay sa Boston, Massachusetts.

Dumadaan sa ang ahensyang nangangasiwa ang mga aplikasyon para sa ONE+Boston Home Buyer Program, na naglalathala ng kasalukuyang mga tuntunin at mga hakbang sa pag-apply sa sarili nitong site. Nirereserba ang pondo sa pamamagitan ng Reserved through Boston Home Center application + MHP ONE Mortgage participating-lender pre-approval. Apply at boston.gov/Boston-Home-Center or onebostonhomebuyerprogram.com. 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.