Fridley Down Payment Assistance Deferred Loan

Ang Fridley Down Payment Assistance Deferred Loan ay isang ipinagpalibang pangalawang loan para sa mga bibili ng bahay sa Fridley, Minnesota, na pinangangasiwaan ng City of Fridley HRA (administered by Center for Energy and Environment / CEE). The City of Fridley HRA offers a deferred, 0% interest down payment and closing-cost assistance loan to first-time homebuyers purchasing a 1–4 unit property within Fridley (Anoka County), administered by the Center for Energy and Environment (CEE). Amounts are tiered by income: up to $10,000 for households at/below 80% AMI and up to $5,000 for households above 80% and below 110% AMI. The loan has no monthly payments and is 100% forgiven after 30 years of continuous owner-occupancy; the full balance is due if the home is sold, transferred, or vacated before then. Secured by a second mortgage. 0% interest. No monthly payments. Up to $10,000 (≤80% AMI) / $5,000 (80–110% AMI). 30-year term with full forgiveness if continuously owner-occupied. No down payment required from borrower. 1–4 unit properties eligible. Apply online via CEE. Ang pondo ay mula sa City of Fridley HRA funds.

Nag-aalok ang Fridley Down Payment Assistance Deferred Loan ng tulong mula $1,000 hanggang $10,000. Mga award tier: Tier 1: up to $10,000 for households at/below 80% AMI at Tier 2: up to $5,000 for households >80% and <110% AMI. 30-year deferred; 100% forgiven if owner-occupied at 30 years. Ambag ng bibili ng bahay: No down payment required from the borrower. Maaaring isama ang programa sa Other Fridley HRA loan programs (subject to $75,000 total cap); Minnesota Housing Start-Up and other first-mortgage programs. Only one Fridley deferred loan outstanding at a time. Ang mga halaga ay ang pinakamataas na inilathala ng programa, hindi isang alok — ang City of Fridley HRA (administered by Center for Energy and Environment / CEE) ang nagpapasya sa anumang indibidwal na award.

Pinapatawad ang Fridley Down Payment Assistance Deferred Loan pagkalipas ng 30 taon, kaya hindi na ito babayaran ng bibili ng bahay na mananatili nang ganoon katagal. Kailangang bayaran kapag may Sale, transfer of title, property no longer owner-occupied, or refinancing before the 30-year maturity; 100% due and payable. 100% forgiven if still owner-occupied at 30 years. Nakatala ang tulong bilang lien sa posisyong Second (secured by mortgage on property). 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 Fridley Down Payment Assistance Deferred Loan 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 defined as not having owned a home within the last three years. Kailangan ang kurso sa homebuyer education, sa pamamagitan ng HomeStretch workshop (Minnesota Homeownership Center) or another valid course from a HUD-approved counseling agency; proof required before closing. Requirement sa paninirahan: Property must be within the City of Fridley, MN. Citizenship o katayuan sa imigrasyon: All borrowers must be legal residents of the United States; non-occupant co-borrowers ineligible. Apply to CEE at least four weeks before closing with a signed purchase agreement. Funding subject to availability — confirm funds with CEE first. Guidelines (Exhibit A-24) are 2024; income limits are 2026 HUD figures. LTV limit 110%. NOTE: separate City of Anoka DPA (same CEE/HRA structure) is currently INACTIVE; Anoka County does not run its own DPA.

Nililimitahan ng Fridley Down Payment Assistance Deferred Loan ang kita ng sambahayan sa 110% ng median na kita sa lugar, na nag-iiba ayon sa county at laki ng sambahayan. 110% AMI by household size (adjusted gross income). Tier 1 (≤80% AMI): up to $10,000; Tier 2 (>80% to <110% AMI): up to $5,000. 2026 HUD (Minneapolis-St. Paul MSA) 80% 4-person $105,200; 110% 4-person $144,650. Full 1–8 person tables in income-limit PDF. 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 Fridley Down Payment Assistance Deferred Loan ang presyo ng pagbili: Not specified; loan-to-value limit is 110%. Kabilang sa mga kwalipikadong uri ng ari-arian ang Single-family, Townhome, Twin-home, Duplex, Condominium, 2-unit, 3-unit, at 4-unit. Hindi kwalipikado ang mga manufactured home.

Pinaglilingkuran ng Fridley Down Payment Assistance Deferred Loan ang mga bibili ng bahay sa Fridley, Minnesota.

Dumadaan sa City of Fridley HRA (administered by Center for Energy and Environment / CEE) ang mga aplikasyon para sa Fridley Down Payment Assistance Deferred Loan, na naglalathala ng kasalukuyang mga tuntunin at mga hakbang sa pag-apply sa sarili nitong site. Nirereserba ang pondo sa pamamagitan ng Rolling; signed purchase agreement required; application at least four weeks before closing. 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.