American Dream First Time Homebuyer Program (Bergen County)

Ang American Dream First Time Homebuyer Program (Bergen County) ay isang ipinagpalibang pangalawang loan para sa mga bibili ng bahay sa Bergen County, New Jersey, na pinangangasiwaan ng Bergen County Division of Community Development. Administered by the Bergen County Division of Community Development, this program provides interest-free, deferred-payback second mortgage financing plus matching down payment assistance to eligible first-time homebuyers (or those who have not owned a home in the past three years) buying a one-family house or condominium in Bergen County, NJ. It combines a 0% deferred second mortgage of up to $65,000 in HOME funds (repaid on sale, transfer of title, or loss of primary residence) with up to $10,000 of CDBG matching assistance forgiven 1/10th per year over 10 years. 0% interest deferred second mortgage up to $65,000 (HOME funds). Up to $10,000 CDBG match forgiven 1/10th per year over 10 years (grant after 10 years). Partnership with participating banks for the first mortgage. Homebuyer education/counseling. Ang pondo ay mula sa HUD HOME Investment Partnerships Program (second mortgage) and CDBG (down payment match).

Nag-aalok ang American Dream First Time Homebuyer Program (Bergen County) ng tulong na hanggang $75,000. Mga award tier: Second mortgage (HOME): 0% deferred up to $65,000, repaid on sale/transfer/loss of primary residence. Down payment match (CDBG): up to $10,000 forgivable 1/10th per year over 10 years, grant after 10 years. Ambag ng bibili ng bahay: Applicant provides part of the down payment (program matches up to $10,000) and must cover all closing costs. Ang mga halaga ay ang pinakamataas na inilathala ng programa, hindi isang alok — ang Bergen County Division of Community Development ang nagpapasya sa anumang indibidwal na award.

Pinapatawad ang American Dream First Time Homebuyer Program (Bergen County) pagkalipas ng 10 taon, kaya hindi na ito babayaran ng bibili ng bahay na mananatili nang ganoon katagal. Kailangang bayaran kapag may Sale of home, transfer of title, or when the home is no longer the primary residence (applies to the $65,000 HOME second mortgage; the $10,000 CDBG match is forgiven over 10 years). Nakatala ang tulong bilang lien sa posisyong Second and third lien (HOME second + CDBG match behind bank first mortgage). 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 American Dream First Time Homebuyer Program (Bergen County) 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": Eligible if not owned a home in the past three years. Tungkol sa credit, sinasabi ng programa: Credit-worthy track record required; bankruptcy must be discharged 5 years with re-established credit. Kailangan ang kurso sa homebuyer education, sa pamamagitan ng Fair Housing Council of Northern New Jersey; Greater Bergen Community Action. Eight-hour Homebuyer Certification class given through the program. Requirement sa paninirahan: Must reside or work full-time in Bergen County. Two components: (1) 0% deferred second mortgage up to $65,000 (HOME), repaid in full on sale, transfer of title, or loss of primary residence (no fixed term); (2) up to $10,000 CDBG match (third mortgage) forgiven 1/10th per year over 10 years, a grant after 10 years. Must reside or work full-time in Bergen County. Bankruptcy must be discharged 5 years with re-established credit. All reasonable assets applied to down payment (may retain 3 months of mortgage payment reserves). Applicant pays all closing costs and must have own down payment funds. Eight-hour Homebuyer Certification class required. 2024 brochure shows $55,000 second mortgage; current webpage/PowerPoint show $65,000 (used the current figure).

Nililimitahan ng American Dream First Time Homebuyer Program (Bergen County) 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% of the County median per HUD HOME income guidelines; income from all household members over 18 counted. 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 American Dream First Time Homebuyer Program (Bergen County) ang presyo ng pagbili sa $523,000. Kabilang sa mga kwalipikadong uri ng ari-arian ang Single Family at Condo.

Pinaglilingkuran ng American Dream First Time Homebuyer Program (Bergen County) ang mga bibili ng bahay sa Bergen County, New Jersey.

Dumadaan sa Bergen County Division of Community Development ang mga aplikasyon para sa American Dream First Time Homebuyer Program (Bergen County), na naglalathala ng kasalukuyang mga tuntunin at mga hakbang sa pag-apply sa sarili nitong site. 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.