Northern Virginia Down Payment & Closing Cost Assistance (CFH)

Ang Northern Virginia Down Payment & Closing Cost Assistance (CFH) ay isang loan na mapapatawad para sa mga bibili ng bahay sa Manassas, Virginia, na pinangangasiwaan ng CFH (Catholics for Housing, Inc. / Creating Foundations for Hope). CFH (Catholics for Housing, Inc., d/b/a Creating Foundations for Hope), a Manassas-based 501(c)(3), administers the Virginia DHCD HOMEownership Down Payment and Closing Cost Assistance (DPA) program in Northern Virginia. It provides down payment and closing cost assistance to first-time homebuyers at or below 80% of area median income, structured as a forgivable second deed of trust with an affordability period scaled to the amount of assistance. Assistance cannot exceed 10% (15% in high-cost areas) of the sale price, and buyers must contribute at least 1% and complete HUD-certified homebuyer education and CFH counseling. Down payment & closing cost assistance (up to 10%, or 15% in high-cost areas, of sale price). Forgivable second deed of trust. Homeownership counseling. HUD-certified homebuyer education. Ang pondo ay mula sa Virginia DHCD HOME Investment Partnerships funds (federal).

Nag-aalok ang Northern Virginia Down Payment & Closing Cost Assistance (CFH) ng tulong na hanggang $40,000. Mga award tier: Affordability period tiers by assistance amount: <=$14,999 (5 yrs), $15,000-$40,000 (10 yrs), >$40,000 (15 yrs). Ambag ng bibili ng bahay: Buyer down payment must equal at least 1% of the property cost; earnest money deposit of 1% of sales price, not less than $1,000. Ang mga halaga ay ang pinakamataas na inilathala ng programa, hindi isang alok — ang CFH (Catholics for Housing, Inc. / Creating Foundations for Hope) ang nagpapasya sa anumang indibidwal na award.

Ang Northern Virginia Down Payment & Closing Cost Assistance (CFH) ay isang loan na mapapatawad, kaya pinapatawad ang balanse kapag natugunan ang mga kondisyon ng programa. Kailangang bayaran kapag may Funds are recaptured if, during the affordability period, the property is refinanced, sold, the forgivable second trust is assumed, the property ceases to be the principal residence, the property is leased/rented, the property is renovated to reduce bedrooms, or covenants are breached. Nakatala ang tulong bilang lien sa posisyong Second. 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 Northern Virginia Down Payment & Closing Cost Assistance (CFH) 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": Counts as first-time if no ownership interest in real estate in the last 3 years. Tungkol sa credit, sinasabi ng programa: No published numeric minimum; must meet mortgage/lender requirements. Kailangan ang kurso sa homebuyer education, sa pamamagitan ng HUD-certified Homebuyer Education Class (e.g., Virginia Housing homeownership class) plus CFH homeownership counseling. Requirement sa paninirahan: Property must be in CFH's Northern Virginia service area. Forgivable second deed of trust with affordability period scaled to assistance amount (5/10/15 years). Max 95% LTV; first mortgage must be fixed-rate 30/35/38-yr USDA/Virginia Housing/FHA/VA/Habitat/conventional. Requires signed purchase offer (turn-key property), home inspection, FHA appraisal, 1% buyer down payment, 1%/min $1,000 earnest money, HUD-certified education, CFH counseling. No special-population targeting.

Nililimitahan ng Northern Virginia Down Payment & Closing Cost Assistance (CFH) ang kita ng sambahayan sa 80% ng median na kita sa lugar, na nag-iiba ayon sa county at laki ng sambahayan. HOME Program Income Limits (NoVA), as of May 2026, by household size: 1 $74,800; 2 $85,450; 3 $96,150; 4 $106,800; 5 $115,350; 6 $123,900; 7 $132,450; 8 $141,000. (Program guidelines page also shows a separate lower CFH NoVA DPA eligibility table: 1 $68,500; 2 $78,250; 3 $88,050; 4 $97,800; 5 $105,650; 6 $113,450; 7 $121,300.). 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 Northern Virginia Down Payment & Closing Cost Assistance (CFH) ang presyo ng pagbili: Cash assets cannot exceed 10% of the sales price; subject to DHCD HOME sales price limits. Kabilang sa mga kwalipikadong uri ng ari-arian ang Single Family, Condo, Townhouse, Manufactured, at 2-4 Unit. Kwalipikado ang mga manufactured home.

Pinaglilingkuran ng Northern Virginia Down Payment & Closing Cost Assistance (CFH) ang mga bibili ng bahay sa Manassas, Virginia.

Dumadaan sa CFH (Catholics for Housing, Inc. / Creating Foundations for Hope) ang mga aplikasyon para sa Northern Virginia Down Payment & Closing Cost Assistance (CFH), na naglalathala ng kasalukuyang mga tuntunin at mga hakbang sa pag-apply sa sarili nitong site. Nirereserba ang pondo sa pamamagitan ng Application package submitted to CFH; processed on receipt subject to funding availability. 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.