Step Up

Step Up是面向Statewide，Alabama购房者的补助金。 Step Up is AHFA's non-bond homeownership program designed for moderate-income buyers who can afford a mortgage payment but need help with the down payment. It pairs a 30-year fixed-rate first mortgage with a 10-year amortizing second mortgage providing up to 4% / $10,000 in DPA. Unlike First Step, Step Up has no first-time-homebuyer requirement, no IRS recapture tax, and no purchase price cap. Step Up combines a 30-year fixed-rate first mortgage (FHA, VA, USDA, or Freddie Mac HFA Advantage conventional) with down payment assistance equal to 4% of the sales price, up to a maximum of $10,000. The DPA is structured as a 10-year amortizing second mortgage combined with the first mortgage. Loans are serviced by ServiSolutions (a division of AHFA), so homeowners write only one check per month. No first-time-homebuyer requirement and no purchase price cap. flat $172,800 household income limit statewide. 资金来自AHFA capital markets / TBA execution (non-bond); loans serviced by ServiSolutions。

Step Up按项目规定，提供相当于房价4%的援助。 购房者自付部分：No minimum borrower contribution stated by AHFA; loan-product overlays apply。 该项目可与其他援助结合使用，但须遵守各项目的规定。 金额是该项目公布的上限，并非报价——具体每人的援助金额由管理该项目的机构决定。

Step Up属于补助金，因此无需偿还。 触发还款的情形：10-year amortizing second mortgage with monthly payments combined with the first mortgage和balance becomes due upon sale, refinance, or transfer of the property if not yet repaid。 该援助以2nd Lien顺位留置权登记。 免除和还款条款由项目设定，并可能变化——申请前请在项目官方网页上确认。

Step Up面向将房屋作为主要住所自住的购房者。 关于信用，该项目说明：640 minimum FICO for all loan products。 须参加购房者教育课程，由Approved homebuyer education provider required; list available through participating lenders and AHFA提供。 居住要求：Property must be in Alabama and occupied as primary residence within 60 days of closing。 公民身份或移民身份：U.S. citizen or qualified non-citizen per agency loan-product guidelines。 Step Up is a non-bond program; no first-time-homebuyer requirement and no IRS sales-price cap. Borrower must occupy property as primary residence within 60 days of closing. Property cannot be used for business, commercial, or rental purposes. The $172,800 cap applies regardless of household size or location, which is well above HUD 2025 4-person AMI for any Alabama county (highest county AMI is Huntsville/Madison ~$118K-$120K), so Step Up is meaningfully more generous than 100% AMI in every Alabama market.

Step Up将家庭收入限制在$172,800。 该限制适用于家庭总收入，而不仅是借款人的收入。 地区收入中位数由HUD公布并每年更新，因此在依据某个数字之前，请查看该县的最新表格。

Step Up的房价上限如下：No AHFA-imposed sales-price cap; subject only to FHA/VA/USDA county loan limits and Freddie Mac HFA Advantage conforming limits. 符合条件的房屋类型包括Single-family detached, townhomes, condos (must meet agency approval), manufactured housing per agency guidelines。 新建房屋符合条件。 预制房屋符合条件。

Step Up服务于在Statewide，Alabama购房的购房者。

Step Up的申请通过管理该项目的机构办理，该机构在其网站上公布现行条款和申请步骤。 资金通过Lender reserves rate/funds via AHFA's online lender portal on a first-come, first-served basis预留。 Hey Prescott不是贷款机构，也不受理申请；本页介绍该项目，方便购房者向贷款机构或住房咨询师咨询。