City Lender I - with Down Payment Assistance (City of Columbia)

Ang City Lender I - with Down Payment Assistance (City of Columbia) ay isang loan na mapapatawad para sa mga bibili ng bahay sa Columbia, South Carolina, na pinangangasiwaan ng City of Columbia Community Development Department. The City of Columbia City Lender I program helps income-eligible buyers purchase a single-family home within the City of Columbia city limits. Financing is structured 80/20: a partner bank holds an 80% first mortgage while the City holds a 20% second mortgage at 4% for 30 years (blended 4% rate, no PMI). The buyer puts only $500 down regardless of sales price. Eligible borrowers may also receive up to $18,500 in down payment/closing cost assistance as a forgivable third mortgage forgiven over 5 years of continuous residence. Maximum purchase price is $225,000. $500 down payment regardless of sales price. Up to $18,500 DPA as a forgivable third mortgage (forgiven over 5 years). City 20% second mortgage at 4% for 30 years. No private mortgage insurance. Ang pondo ay mula sa HOME / CDBG federal funds administered by the City of Columbia Community Development Department.

Nag-aalok ang City Lender I - with Down Payment Assistance (City of Columbia) ng tulong na hanggang $18,500. Hinihiling ng programa na mag-ambag ang mga bibili ng bahay ng $500 down payment regardless of sales price. Maaaring isama ang programa sa City Lender I 80/20 first/second mortgage structure. Ang mga halaga ay ang pinakamataas na inilathala ng programa, hindi isang alok — ang City of Columbia Community Development Department ang nagpapasya sa anumang indibidwal na award.

Pinapatawad ang City Lender I - with Down Payment Assistance (City of Columbia) pagkalipas ng 5 taon, kaya hindi na ito babayaran ng bibili ng bahay na mananatili nang ganoon katagal. Kailangang bayaran kapag may Sale, transfer, or loss of owner-occupancy before completing 5 years (forgivable third mortgage); City second mortgage repaid per its 30-year amortization or upon sale/transfer. Nakatala ang tulong bilang lien sa posisyong City assistance in second (20% City mortgage) and third (forgivable DPA) lien positions behind the partner 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 City Lender I - with Down Payment Assistance (City of Columbia) sa mga bibili ng bahay na titira sa bahay bilang pangunahing tirahan. Tungkol sa credit, sinasabi ng programa: Credit-worthy buyers; HUD-certified credit counseling required before closing. No numeric minimum stated. Kailangan ang kurso sa homebuyer education, sa pamamagitan ng Homeownership training by an approved organization/agency/community college or bank-supervised self-study; HUD-certified credit counseling. City of Columbia and Columbia Housing Authority also provide counseling. Forgivable third-mortgage DPA up to $18,500 forgiven over 5 years of continuous residence (subject to fund availability). City second mortgage is 20% of the loan at 4% for 30 years. No cash back. Contracts must require all loose/flaking/peeling paint repaired before closing and allow at least 45 days to closing. HUD-certified credit counseling and homeownership training required before closing. Applicant cannot own any other improved property at closing. Property must remain owner-occupied while the City holds a mortgage. Companion City Lender II program is temporarily on hold (Dec 2025).

Nililimitahan ng City Lender I - with Down Payment Assistance (City of Columbia) ang kita ng sambahayan sa 80% ng median na kita sa lugar, na nag-iiba ayon sa county at laki ng sambahayan. Owner-occupied loans only. Max income by household size (City Lender I, rev. 5/11/2026, Columbia SC HMFA): 1 $51,750; 2 $59,150; 3 $66,550; 4 $73,900; 5 $79,850; 6 $85,750. 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 City Lender I - with Down Payment Assistance (City of Columbia) ang presyo ng pagbili sa $225,000. Kabilang sa mga kwalipikadong uri ng ari-arian ang Single Family.

Pinaglilingkuran ng City Lender I - with Down Payment Assistance (City of Columbia) ang mga bibili ng bahay sa Columbia, South Carolina. Mga target na kapitbahayan: Single-family homes within the City of Columbia city limits.

Dumadaan sa City of Columbia Community Development Department ang mga aplikasyon para sa City Lender I - with Down Payment Assistance (City of Columbia), 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.