Downpayment Plus (DPP) / Downpayment Plus Advantage (DPP Advantage)

Ang Downpayment Plus (DPP) / Downpayment Plus Advantage (DPP Advantage) ay isang loan na mapapatawad para sa mga bibili ng bahay sa Wisconsin, na pinangangasiwaan ng Federal Home Loan Bank of Chicago (FHLBank Chicago), delivered through participating member financial institutions. Forgivable down payment and closing cost assistance grants for income-eligible homebuyers in Illinois and Wisconsin, provided through participating FHLBank Chicago member financial institutions. The grant is paid on behalf of the borrower at closing and forgiven on a monthly basis over a five-year retention period. DPP Advantage extends the assistance to homebuyers participating in nonprofit-led (e.g., Habitat for Humanity) first-mortgage programs. $28 million was made available across IL and WI in 2026. Forgivable grant of up to the lesser of $10,000 or 25% of the first mortgage amount toward down payment, closing costs, and up to $500 of homebuyer education/counseling costs.

Nag-aalok ang Downpayment Plus (DPP) / Downpayment Plus Advantage (DPP Advantage) ng tulong na hanggang $10,000. 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 Federal Home Loan Bank of Chicago (FHLBank Chicago), delivered through participating member financial institutions ang nagpapasya sa anumang indibidwal na award.

Pinapatawad ang Downpayment Plus (DPP) / Downpayment Plus Advantage (DPP Advantage) pagkalipas ng 5 taon, kaya hindi na ito babayaran ng bibili ng bahay na mananatili nang ganoon katagal. Kailangang bayaran kapag may Sale, transfer, loss of owner-occupancy, or in some cases refinancing during the 5-year retention period (pro-rated, forgiven monthly). 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 Downpayment Plus (DPP) / Downpayment Plus Advantage (DPP Advantage) sa mga bibili ng bahay na titira sa bahay bilang pangunahing tirahan. Kailangan ang kurso sa homebuyer education. Household income at or below 80% of area median income (limits vary by county). Borrower must contribute a minimum of $1,000 toward the transaction (DPP; DPP Advantage requires no homebuyer contribution). Both pre-purchase homebuyer education and pre-purchase counseling required. A 5-year retention agreement is recorded on the property; grant forgiven monthly over 5 years. First mortgage term must be at least 5 years; interest-only first mortgages ineligible; on ARMs the initial rate lock must be at least 5 years. Cash back at closing cannot exceed $250. Available first-come, first-served while funds remain. May be combined with other federal/state/local programs subject to investor approval. Available only through participating FHLBank Chicago member institutions.

Nililimitahan ng Downpayment Plus (DPP) / Downpayment Plus Advantage (DPP Advantage) 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 area median income; limits vary by county. 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.

Pinaglilingkuran ng Downpayment Plus (DPP) / Downpayment Plus Advantage (DPP Advantage) ang mga bibili ng bahay kahit saan sa Wisconsin.

Dumadaan sa Federal Home Loan Bank of Chicago (FHLBank Chicago), delivered through participating member financial institutions ang mga aplikasyon para sa Downpayment Plus (DPP) / Downpayment Plus Advantage (DPP Advantage), 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.