Down Payment/Closing Cost Assistance

Down Payment/Closing Cost Assistance是面向New Haven，Connecticut购房者的可免除贷款。 The City of New Haven Down Payment / Closing Cost Assistance program provides first-time homebuyers with a zero-interest forgivable second mortgage of up to the greater of 6% of the purchase price or $20,000 for the purchase of a 1-4 unit owner-occupied home in New Haven. The loan is forgiven at 20% per year, fully forgiven at the end of year 5. The program is funded with HUD HOME / CDBG pass-through dollars and administered by the City's Housing Administration and Development division (within the Economic Development Administration / Livable Cities Initiative). Applications are submitted to the City through participating mortgage lenders. Zero-interest forgivable second-mortgage loan of up to the greater of 6% of the purchase price or $20,000, used for down payment, closing costs, or a combination of both. Loan is forgiven at the rate of 20% per year, fully forgiven at the end of year 5. No monthly payments. The applicant may sell or transfer the property at any time during the 5-year monitoring period provided the unforgiven balance is repaid to the City of New Haven, or the property is sold/transferred to a buyer willing to assume the balance and the loan's terms. 资金来自HOME、CDBG、Federal和Local Government。

Down Payment/Closing Cost Assistance按项目规定，提供相当于房价6%的援助。 购房者自付部分：Minimum borrower contribution per first-mortgage program。 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。

Down Payment/Closing Cost Assistance在5年后免除，因此住满这段时间的购房者无需偿还。 触发还款的情形：Loan is forgiven at 20% per year over 5 years (fully forgiven at year 5). If the home is sold, refinanced with cash-out, transferred, or no longer owner-occupied during the 5-year monitoring period, the unforgiven balance is due and payable to the City of New Haven (or the loan may be assumed by an income-eligible buyer accepting the same terms). 该援助以2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。

Down Payment/Closing Cost Assistance面向首次购房者和将房屋作为主要住所自住的购房者。 此处的“首次”有例外情况：First-time homebuyer (no ownership of residential real estate in prior 3 years). 关于信用，该项目说明：No published minimum FICO; underwriting follows the buyer's first-mortgage product。 须参加购房者教育课程，由HUD-approved housing counseling agencies serving New Haven (e.g., NHS of New Haven, HDF Connects, Connex Credit Union counseling network); 8-hour homebuyer education required.提供。 居住要求：Property must be located within the City of New Haven, CT, and be the buyer's primary residence for the 5-year monitoring period. 公民身份或移民身份：U.S. citizen or eligible non-citizen permitted by HUD HOME / CDBG rules and the buyer's first-mortgage product。 Property must be a 1-4 unit owner-occupied dwelling located within the City of New Haven. Buyer must be a first-time homebuyer (no ownership of residential real estate in the prior 3 years). Buyer must occupy the property as their primary residence for the 5-year monitoring period. Maximum assistance is the greater of 6% of the purchase price or $20,000. The City provides a zero-interest forgivable loan, forgiven at 20% per year over 5 years. If the home is sold or transferred during the monitoring period, the unforgiven balance must be repaid (or the loan assumed by an income-eligible buyer accepting the same terms). Buyer must complete an 8-hour HUD-approved homebuyer education class. Income limits follow HUD HOME / CDBG 80% AMI for the New Haven-Milford MSA, adjusted by household size.

Down Payment/Closing Cost Assistance将家庭收入限制在地区收入中位数的80%，该数值因县和家庭人数而异。 Household income at or below 80% of the New Haven-Milford MSA Area Median Income, adjusted by household size: approximately $65,050 (1-person) up to $122,650 (8-person). Limits are updated annually by HUD. 该限制适用于家庭总收入，而不仅是借款人的收入。 该项目列出的最大家庭人数为8。 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。

Down Payment/Closing Cost Assistance的房价上限如下：No fixed dollar maximum published; subject to HUD HOME 95% maximum-purchase-price rule for the New Haven area。 符合条件的房屋类型包括Single-family detached、2-unit、3-unit、4-unit和Condominium。 新建房屋符合条件。 预制房屋不符合条件。

Down Payment/Closing Cost Assistance服务于在New Haven，Connecticut购房的购房者。

Down Payment/Closing Cost Assistance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Submitted by participating lender to the City; first-come, first-served subject to annual HUD HOME / CDBG funding allocation.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。